Revolut receives conditional approval from U.S. Office of the Comptroller of the Currency to form a national bank. The company remains on track to reach 100 million customers by mid-2027.

Revolut, the global financial leader serving more than 80 million customers worldwide, today announced that it has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) for its U.S. national bank charter. „The company is now working through remaining applications and approvals with the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve (Fed), and final approval from the OCC as it progresses toward its planned 2027 launch of the proposed bank.” – according to the press release.

Revolut Founder and CEO Nik Storonsky said: „Conditional OCC approval is an important first step towards establishing the proposed Revolut Bank US. It gives us the foundation to build in the world’s largest financial market and bring the full Revolut experience to millions of Americans.”

Revolut US CEO Cetin Duransoy said: „We’re grateful for the OCC’s open and transparent dialogue throughout this process. They were both diligent and expedient with our application, allowing us to remain on track for a 2027 launch of our proposed national bank.”

„Conditional U.S. OCC approval is a significant milestone on Revolut’s journey to become the world’s first truly global bank. Once all approvals are received, Revolut will be able to directly offer U.S. customers a wide range of banking products including loans, credit cards, FDIC-insured deposits, as well as access to stablecoins and cryptocurrencies, delivering the full Revolut experience Americans have been waiting for.” – the company explained.

The launch of the proposed U.S. bank will build on Revolut’s expanding footprint across the Americas, as the company has been rapidly securing banking licenses and launching operations throughout Latin America. Revolut recently launched its Mexican Bank and has been advancing regulatory efforts in Brazil, Colombia, Peru and Argentina, laying the groundwork for a fully connected financial network across the hemisphere.

Beyond the Americas, Revolut has continued its global push in 2026, obtaining bank licenses in France, Australia and the UK, a payments license in the UAE, and progressing a bank license application in South Africa. The company remains on track to reach 100 million customers by mid-2027.