Revolut Eyes Acquisition of US Bank Accelerates US License Bidding

British Fintech and Neobank Revolut are considering acquiring US banks to accelerate their entry into the US market. According to a recent report by the Financial Times, published on July 30, 2025, Revolut is focusing on the acquisition of nationally chartered banks that already hold licenses.

If this is done, Revolut can skip the steps that often involve getting a bank license from scratch. By shortening the process of securing an independent banking charter, Revolut can simplify lending capabilities in the US market.

The report also shows that UK-based Neobank is considering applying for its own US banking license, instead of acquiring existing chartered institutions.

The British Prime Minister is pushing Revolut to end the licence “mobilization” phase.

The Bank of England says no: regulatory independence rather than fintech favors.

Revolut’s UK licensed clock expired on July 25th. I don’t see full permission. Meanwhile, the company is considering purchasing a US bank…

-Oscar Jeppesen (@Investor1fact) July 30, 2025

Revolut has been expanding the US market for some time. Currently, the largest financial market in the world, the US, is the largest financial market in the world, and is expected to increase deposits in contrast to the slowdown that many UK fintech companies are currently facing.

According to a report by the Financial Times, Trump’s push for deregulation has led investors and businesses to believe that the office of the money secretary will allow the bank’s charter process to be expanded.

As a result, Revolut carefully considers its options before making any concrete moves.

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Revolut is about to expand through the Latin American market, the Middle East

Revolut is reportedly currently in discussions about a funding round that will increase its valuation to around $65 billion, according to the Financial Times. The company will allocate some of the raised capital to promote future expansion plans.

Revolut has looked into similar acquisition opportunities in other regions as part of a broader expansion strategy, including plans to buy banks in the Middle East. Additionally, last month we confirmed the purchase of Argentine lender Seterem from BNP Paribas.

It also holds a banking license in Lithuania, which allows repetitive access to the European Union and Mexico, but the company has not yet acquired a banking license in the UK. The application was approved last year, but regulatory restrictions in the region continue to limit lending operations.

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Getting a US Bank License Rotating: You can restart Digital Asset Play

However, Revolut’s global ambitions go beyond traditional banks. The company already offers crypto trading across the UK and the European Economic Area (EEA), and last week resumed limited services in Hungary.

New Hungarian law requires crypto companies to secure domestic licenses and suspended early in the summer.

Revolut stopped encryption in the US in October 2023 amidst uncertainty from regulatory authorities. Now that perspective has changed, the pursuit of banking licensing could potentially clear the company’s path to deliver a wider range of services in the US, including digital assets.

However, it all depends on whether the application is approved or not.

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