Revolut secures provisional US banking licence
UKPulse Money Desk
Fintech company Revolut has been granted a provisional banking licence in the United States by the OCC, marking a significant step in its American expansion plans.
- Revolut has received a provisional US banking licence.
- The licence was granted by the OCC.
- This approval is a milestone for the UK-based fintech company's American expansion.
UK-based fintech company Revolut has been awarded a provisional banking licence in the United States. The approval from the Office of the Comptroller of the Currency (OCC) represents a significant milestone for the company.
This development is part of Revolut's strategy to expand its operations in the American market.