Revolut Bank has successfully obtained a full-fledged banking license in France following a joint assessment by the French Office of Prudential Supervision and Regulation (ACPR) and the European Central Bank (ECB). This solution allows the fintech company to significantly expand its product line in the French market, including loans, mortgage loans and savings programs. At the moment, Revolut already has about 7 million customers in France. Obtaining this license was an important step after a period of increased supervision: previously, the ECB limited the launch of new company products, pointing out shortcomings in risk management and compliance processes, as well as excessively rapid launch of solutions without proper control.

According to the new strategy, Revolut intends to serve European customers through its French legal entity, starting in France and then gradually extending this model to Germany, Ireland, Italy, Portugal and Spain. At the same time, the Lithuanian division of Revolut Bank UAB, which received a license back in 2018, will continue to serve customers in the rest of the European Economic Area. To support this expansion, the company has committed to invest more than 1 billion euros in business development in Western Europe, hire about 600 new employees and open a regional headquarters in Paris by 2027. Currently, Western Europe accounts for about 30 million of the more than 75 million fintech customers, and the company's overall goal is to reach a base of 100 million users.

The successful acquisition of a French license has become part of Revolut's global business legitimization strategy, which was previously hampered by regulators. The company has been seeking full-fledged banking status in the UK for years, receiving it only in March 2026, which paved the way for licenses in Australia and Mexico. Against the background of its strengthening position, fintech is showing impressive financial dynamics: in 2025, pre-tax profit increased by 57%, reaching 1.7 billion pounds on revenue of 4.5 billion pounds. Founder Nikolai Sidorsky said that the initial public offering (IPO) will take place no earlier than 2028. The company is now valued at $115 billion in secondary sales, and management is negotiating a long-term compensation program tied to achieving a market capitalization of $500 billion.