Revolut Considers US Bank Acquisition to Expedite Market Entry Amid UK Regulatory Delays

British neobank Revolut is exploring the acquisition of a US-chartered bank to bypass lengthy licensing procedures, according to a Financial Times report dated 30 July 2025. The move WOULD accelerate its expansion into the world's largest financial market as the fintech faces regulatory stagnation in its home market.

The potential acquisition targets an existing national bank license holder, which would immediately grant Revolut lending capabilities in the US. This strategic shortcut emerges as the company's UK banking license remains in indefinite 'mobilisation' status with the Bank of England, despite the British government's public support for fintech growth.

With 60 million global users, Revolut's US expansion could counterbalance slowing deposit growth in European markets. The neobank continues parallel efforts to secure an organic US banking license, reflecting its multi-pronged approach to regulatory hurdles.