Jenée TibshraenyWellington Business Editor·NZ Herald·2 Nov, 2026 08:10 PM4 mins to readNeobank Revolut is seeking a banking licence in NZ. (Image: Revolut)Neobank Revolut is seeking a banking licence in NZ. (Image: Revolut)Revolut has become the first financial technology company to receive a banking licence in New Zealand. The Reserve Bank has granted the London-headquartered international payments platform the licence after a two-year application process. The licence will enable “Revolut Bank New Zealand” to hold deposits and participate in the
Reserve Bank grants Revolut a banking licence in a NZ first, enabling the tech company to offer savings accounts and credit cards
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