Revolut to launch US bank in 2027, says US boss

Revolut plans to begin operating its US bank next year, says its new US boss, and is gearing up to offer customers FDIC-insured deposits, credit products, and access to cryptocurrencies. Revolut, Europe’s most valuable private company, valued at $75bn , applied for a US banking licence in March this year, as it looks to rapidly expand in the world’s biggest economy. Positive signs While Revolut is still awaiting a decision on its licence submission from US regulators, sources close to Revolut sa