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Revolut Making Moves on U.S. Banking Expansion
The London-based fintech firm is now actively pursuing multiple strategic avenues to strengthen its foothold in the American market. Among the key initiatives is exploring a De Novo banking license application in the United States—a significant step that would allow the company to operate as a regulated bank entity.
This development marks an important phase in Revolut's U.S. expansion strategy. Securing a De Novo license represents a major compliance milestone for fintech platforms seeking deeper integration into traditional banking infrastructure. The move signals the company's commitment to meeting rigorous regulatory standards while broadening its service offerings in one of the world's largest financial markets.
As competitive pressures intensify across the fintech sector, banking license acquisitions have become a pivotal factor in establishing credibility and operational scope.