Fintech giant Revolut has been given conditional approval for its US banking licence from the US Office of the Comptroller of the Currency (OCC) as it seeks to operate as a fully fledged bank across the American market.
News
September 3, 2026
Revolut clears first hurdle to US banking licence
The fintech giant hopes to launch in America next year
2 min read
Damisola Sulaiman is Sifted's fintech reporter, based in London. She writes Sifted's weekly Fintech newsletter . You can find her on LinkedIn

Fintech newsletter
Your weekly update on the latest trends across (neo)banking, buy now pay later, payments and the fintech startup scene.
Recommended
This fintech wasn’t ‘actively’ fundraising. Then it closed a $90m round at an $800m valuation
New Enterprise Associates, Index ventures and Speedinvest participated in Spiko’s latest fundraise
Revolut faces Bank of England scrutiny over product approval process, reports say
The move comes just months after Europe's biggest fintech secured its long-awaited UK banking licence
‘It feels like you’re wearing a Superman suit’: Why Europe’s fintech founders are starting over with AI
Almost half of early-stage fintechs raising recently had a repeat founder


