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September 24, 2025

Revolut seeks banking licence in Turkey, hires new execs

The fintech is considering acquiring a local bank to secure its licence in the country

Tom Matsuda and Freya Pratty

2 min read

Revolut has hired a director in Turkey and is looking to obtain a banking licence in the country as it continues its mission to reach 100m global users by the end of 2026. 

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Tom Matsuda

Tom Matsuda is a fintech reporter at Sifted and writes our weekly fintech newsletter. Find him on X and LinkedIn

Freya Pratty

Freya Pratty is a senior reporter and investigations lead at Sifted. Follow her on X , LinkedIn and Bluesky

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