The London-based neobank plans to invest $500 in the U.S. over the next few years amid stiff competition from fintechs, other neobanks and legacy banks.
Revolut has filed a second application for a US national bank charter and appointed fintech veteran Cetin Duransoy as US CEO as it expands its North America push.
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Revolut applies for US bank charter

If approved, the charter would allow Revolut to operate across all 50 states under federal regulation.
Revolut has applied for a US national bank charter, committing $500m to the American market in its second attempt at a US ...
Revolut files for a U.S. national bank charter with the OCC to expand payments, lending, and deposit services.
The company said that the move, if approved, would allow it to offer more products to American customers as it seeks to grow globally.
Revolut files for a US bank charter, appoints Cetin Duransoy as US CEO, and plans a $500M investment to expand American banking services.
Revolut seeks a US banking license to enhance its operations with Fed access and compete with major banks, shaping fintech's future.
Revolut Business has recently unveiled Titan, its corporate card powered by Visa, now available to every UK-based company.
Revolut Business is taking on American Express with the launch of an ultra-premium corporate card.
My ultra paranoid bank doesn't seem to allow me to pay for Ars with the "new payment provider". They do generally deny stuff that doesn't have 3D secure by default, so I guess that's the problem.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Revolut, the $75bn digital bank, built its business by offering an alternative to the industry’s annoyingly ...