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IT
Revolut Receives French Banking Licence
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Financial IT
Revolut Receives French Banking LicenceRevolut, the global fintech with over 75 million customers globally, today announced that Revolut Bank S.A. (RBSA) has received a full banking licence, following a joint assessment by the ACPR, the French prudential regulator, and the European Central Bank, with the decision adopted by the ECB Governing Council.
The licence comes as Revolut deepens its roots across Western Europe.
Revolut's Lithuanian entity, Revolut Bank UAB, remains a cornerstone of operations for the rest of EEA.
European foundations, global ambitionsBy combining tech-driven agility with robust banking standards, Revolut demonstrates how modern institutions can drive international growth.
Frédéric Oudéa, Chairman of the Board of Directors of Revolut Western Europe, said: "Receiving this licence is a significant milestone in Revolut's evolution as a banking group.