SHIFT · EU
Revolut wins full European banking licence from French regulators
Fintech Revolut secured a full European banking licence from French regulators and ECB approval, enabling it to operate as a regulated bank across the EU. A major milestone for the London-founded challenger.
WHY IT MATTERS
Revolut can now compete directly with incumbents on deposit-taking, lending, and lending regulation. Expected to accelerate product velocity and cross-border expansion across EU markets.
Source: Finextra · 2026-08-10