Revolut Dey Eye Buy US Bank to Fast-Track Banking Licence
Revolut dey reason to buy one US bank wey get national charter so that dem fit fast track to get Revolut US banking license. Revolut wey be UK fintech get over 60 million users and e wan skip all the long process wey dem need go through, to fit launch lending and digital asset services for America quick quick. E still get one other way wey Revolut dey prepare direct charter application because dem believe say recent US deregulatory trends go support their plan. This move na follow dia plan for $1 billion funding round wey dem value about $65 billion and the recent buy of Cetelem bank for Argentina, to show how dem dey plan expand fintech business. If Revolut fit secure Revolut US banking license, e go fit improve crypto trading and payment services, make dem strong pass domestic fintech players and move fast to grow global business.
Bullish
Revolut move to fast-track im US banking licence through banka acquisition mean say dem dey follow rules well and dem go enter market faster, wey suppose make people for US dey use their crypto trading services more. For short time, market fit no too react well as traders dey look regulatory approvals and how long integration go take. But for long time, with license US banking arm, Revolut go fit give beta access for digital asset trading and payments, wey go increase liquidity and user base. This regulatory and infrastructural growth go likely make crypto market sentiment and trading volume better.