Revolut wins provisional US banking licence

Revolut has taken a significant step forward in its US expansion plans by securing a provisional banking licence from the Office of the Comptroller of the Currency. This approval marks a major milestone for the UK-based fintech company, allowing it to offer banking services to American customers. This development could reshape how digital banking operates in the US, offering consumers more flexible and innovative financial services. The move underscores Revolut's ambition to become a major player in the American financial market.