Comments on: UK fintech Revolut gains conditional US banking licence https://www.economylens.com/uk-fintech-revolut-gains-conditional-us-banking-licence/ Global Economy, Business and Market News, Tech Updates and Expert Analysis only on EconomyLens.com Fri, 04 Sep 2026 01:12:49 +0000 hourly 1 https://wordpress.org/?v=7.1.3 By: Sharp https://www.economylens.com/uk-fintech-revolut-gains-conditional-us-banking-licence/#comment-35851 Fri, 04 Sep 2026 01:12:49 +0000 https://www.economylens.com/uk-fintech-revolut-gains-conditional-us-banking-licence/#comment-35851 In reply to Hayley.

Conditional approval is exactly the right phrase here — it’s progress, but not a victory lap yet. The U.S. banking market is a different beast with heavier compliance, tougher competition, and a lot of legacy players who won’t just roll over. If Revolut can actually get from approval to a functioning U.S. bank by 2027, that would be impressive. Until then, the $115B valuation is still very much a forward-looking bet, not something proven by U.S. traction.

]]> By: Hayley https://www.economylens.com/uk-fintech-revolut-gains-conditional-us-banking-licence/#comment-35850 Thu, 03 Sep 2026 22:35:49 +0000 https://www.economylens.com/uk-fintech-revolut-gains-conditional-us-banking-licence/#comment-35850 Revolut’s OCC approval is a big deal, even if conditional. The U.S. market is tough, and 2027 feels optimistic, but if they pull it off, the valuation may make sense.

]]> By: Candy Baskett https://www.economylens.com/uk-fintech-revolut-gains-conditional-us-banking-licence/#comment-35853 Thu, 03 Sep 2026 17:41:49 +0000 https://www.economylens.com/uk-fintech-revolut-gains-conditional-us-banking-licence/#comment-35853 Conditional approval is not the same as a real bank licence, people. They still have to jump through a ton of hoops before taking depostis in the US. Revolut talks a big game and they’ve had issuses with regulators before, so I’d wait before calling this a win-win.

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