Revolut Launches US Banking License Quest 2027
@Revolut receives conditional OCC approval to establish a U.S. national bank, aiming for a 2027 launch with services like insured deposits and crypto transactions. #Update #Finance
@Revolut receives conditional OCC approval to establish a U.S. national bank, aiming for a 2027 launch with services like insured deposits and crypto transactions. #Update #Finance
@Revolut is set for a secondary share sale aiming for a $115 billion valuation, allowing early investors to liquidate shares. An IPO isn’t expected until 2028. #Update #Crypto $BTC
@Revolut plans to launch a U.S. bank offering FDIC-insured accounts and stablecoin trading, as the Bank of England predicts declining stablecoin popularity amid regulatory developments like the GENIUS Act. #Update #Crypto $USDC
@Revolut has launched a physical crypto card supporting $DOGE payments, featuring LED lighting and zero exchange fees under certain plans, available in the UK and EEA (excl. Hungary, Switzerland, Portugal). #Update #Crypto $DOGE
@Revolut has received a full U.K. banking license, enabling broader services and deposit protection for eligible customers, as it transitions to Revolut Bank UK Ltd. #Update #Crypto $GBP
@Revolut has applied for a U.S. banking license to enhance financial services, allowing for faster product development and FDIC deposit insurance. The company continues expanding its crypto ecosystem. #Update #Crypto
@Revolut files for a U.S. banking license with the OCC, aiming for direct access to payment networks and potential lending products. This follows Kraken’s recent Federal Reserve master account approval. #Update #Crypto
@Nexo becomes the official digital asset partner for the Audi Revolut Formula 1 Team in a deal valued at tens of millions, set to debut in 2026. #Update #Crypto $NEXO
@Revolut, @Nubank, and @MercadoPago are pursuing banking licenses in Mexico, targeting middle-class customers amid rapid market growth. Regulatory hurdles persist for foreign entrants. #Update #Crypto $MATIC
@Revolut achieves a $75B valuation after a secondary share sale led by Coatue and Fidelity, reporting $4B revenue in 2024. The firm expands crypto services with new licenses. #Update #Crypto $USDC
@Revolut partners with @Polygon Labs to enable UK and EEA customers to send/receive $USDC and $USDT via the Revolut app, processing over $690M in transactions since December 2024. #Update #Crypto $MATIC
@Revolut refuses to reimburse Tzoni Raykov after unclear deposit instructions lead to a $1,500 loss in $USDC due to an unsupported network transfer. #Update #Crypto $USDC (-4) ↘
Revolut has launched its mobile app for the Revolut X exchange, enabling UK and EEA retail traders to trade 220 crypto assets with zero maker fees. #Update #Crypto (+4) ↗
@RevolutApp launches in Ukraine, offering free Clear Sky debit cards via ‘Diia’ app; UK/EEA users donate £5 to UN Refugee Agency. #Update #Fintech (+4) ↗ (Source: Hodl.Press)