Revolut Lands French Banking License to Fuel European Expansion
Revolut Ltd., a British fintech company, has secured a French banking license. This move follows joint approval from France's Prudential Supervision and Resolution Authority (ACPR) and the European Central Bank.
The license will allow Revolut to expand its services in Europe, starting with customers in France before moving into other markets including Germany, Ireland, Italy, Portugal, and Spain.
Revolut's Lithuanian entity continues to operate as another hub for the company.