POPA ReconRevolut Wins Conditional OCC Approval for a US Bank
Revolut Wins Conditional OCC Approval for a US Bank Revolut has won conditional approval from the U.S. OCC to form a national bank, a major step toward launching Revolut Bank US. The bank would be based in Stamford, Connecticut, with about $95 million in initial capital. Revolut still needs sign-off from the FDIC and the Federal Reserve, plus final OCC clearance, and is targeting a 2027 launch. Once fully licensed, it could offer US customers loans, credit cards, FDIC-insured deposits and access to stablecoins and crypto, folding digital assets into a mainstream banking stack. The move dee…
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