Fintech Revolut applies for U.S. bank charter
Financial technology company Revolut applied for a U.S. national bank charter with the U.S. Office of the Comptroller of the Currency and Federal Deposit Insurance Corporation. This bank charter marks a major milestone in the U.K.-based company’s expansion into North America. The U.S. bank will be called Revolut Bank US, N.A. The U.S. national bank charter will allow Revolut to: Build better products faster and provide additional value directly to customers, Operate seamlessly ac...
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