Revolut don file second national bank charter for USA make dem fit start banking, payments and lending nationwide

Revolut don submit second application come U.S. Office of the Comptroller of the Currency (OCC) and FDIC to form “Revolut Bank US, N.A.” Di London-based fintech wan national bank charter make e fit operate under one federal framework for all 50 states, get direct access to payment rails (Fedwire, ACH), offer FDIC-insured deposits and expand into U.S. lending products like personal loans and credit cards. The filing follow one withdrawn effort for 2021 and one stuck attempt for 2023; Revolut now plan to invest about $500 million for the U.S. over 3–5 years and dey target 100 million global customers. Leadership changes include Cetin Duransoy as U.S. CEO and Sid Jajodia move go global chief banking officer. If dem approve am, the charter go reduce reliance on partner banks, speed product development, and allow Revolut provide broader banking services nationwide. The move dey part of wider 2026 trend of fintech and crypto-related firms wey dey seek OCC charters (examples: Nubank, Crypto.com and some crypto custody firms), showing say regulatory pathways dey grow for digital-asset and fintech firms to integrate banking services for the U.S. For crypto traders, the application matter because better banking access for fintechs wey serve crypto customers fit improve fiat on/off ramps, custody integrations and product offerings wey fit affect liquidity and exchange flows.