Revolut has been exploring the option of acquiring a bank in the U.S. as it looks to accelerate its growth in the country. According to Bloomberg, the company has held talks with investment banks about a potential mandate, though no decision has been made.
One possibility under consideration is applying for its own U.S. banking license instead of pursuing an acquisition. The discussions come as Revolut prepares to roll out savings products for U.S. consumers in the coming weeks.
Revolut has been operating in the U.S. through partner banks since 2021, when it put its banking license application on hold. A full license or an acquisition would give the firm greater control over its operations.
Banking 4.0 – „how was the experience for you”
„To be honest I think that Sinaia, your conference, is much better then Davos.”
Many more interesting quotes in the video below:
