Revolut Secures Full UK Banking License for New Services

Revolut has received a full UK banking license after a multi-year wait. The fintech firm will now be able to offer current accounts to its British customers.

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The United Kingdom's Revolut has officially received regulatory approval for a full banking license, ending a multi-year wait for the financial technology firm. This milestone allows the company to transition from its electronic money institution status to a fully authorized bank in its home market.

An illustrative view of the Revolut logo, as seen in a file photo from November 2025. REUTERS/Dado Ruvic/Illustration/File Photo
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