Revolut receives conditional OCC approval for a U.S. national bank charter, with FDIC and Fed approvals next and plans to launch as a bank in 2027

Revolut has received conditional approval from the U.S. Office of the Comptroller of the Currency for a national bank charter. The company said the next steps involve obtaining approvals from the FDIC and the Federal Reserve, with the goal of launching as an operational bank in 2027. Revolut noted that its U.S. banking services are currently provided by Lead Bank, a member of the FDIC, and that fees may apply.

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