Revolut

Revolut has begun offering unsecured personal loans in Britain, with amounts from £2,000 to £25,000 at interest rates of 6.9% to 29.3%, initially to selected customers before a wider rollout to its UK customer base, Reuters reported on 26 October 2026. The launch follows the full UK banking licence granted on 11 March 2026, and Revolut plans to grow lending and later add mortgages and credit cards. It opens a consumer-lending revenue line in Revolut's home market in direct competition with NatWest, Barclays and other incumbents.

Source: Reuters

On October 22, 2026, S&P Global Ratings assigned Revolut Ltd. a 'BBB+' long-term issuer credit rating with a positive outlook. Bloomberg reports this is Revolut's first rating from a ratings firm. S&P cites Revolut's strong capital and profitability and about 80 million customers across 41 countries as of October 2026. It expects Revolut to issue debt in 2027 to build a loss-absorbing buffer for its MREL requirement. The investment-grade rating opens wholesale debt markets to Revolut as a new funding source alongside deposits and equity.

Source: S&P Global Ratings

Argentina's central bank (BCRA) approved Revolut's purchase of Banco Cetelem Argentina from BNP Paribas Personal Finance, Reuters and Bloomberg reported on Sept. 24, 2026. Revolut plans to rebrand the lender as Revolut Bank Argentina and launch in 2027, with more than 150,000 people on its local waitlist. The approval turns the pending deal into an executable banking-licence entry into a new Latin American market for Revolut.

Source: Reuters (via TradingView)

Revolut said on 16 September 2026 that it has applied to Swiss regulator FINMA for a banking licence, which would let it migrate its 1.3M-plus Swiss customers off Lithuania-licensed Revolut Bank UAB onto a local entity issuing Swiss IBANs. It committed more than CHF 150M over five years to build the Swiss banking structure, local products and jobs, with executive-board and senior appointments planned; CCO David Tirado and Switzerland GM Julian Biegmann framed it as becoming 'a true Swiss bank'. A licence would turn Switzerland into a deposit-funded home market and extend Revolut's licensed footprint.

Source: Reuters

Revolut cleared the final regulatory hurdle to operate as a bank in Colombia, Reuters reported on 15 September 2026, with the launch planned for 2027 and about 200,000 people already signed up for priority access. It is Revolut's sixth banking licence after Lithuania, Mexico, the UK, France and Australia, and sits alongside conditional US national bank charter approval, a UAE payments licence and a Peruvian organisation licence. The approval adds a new Latin American market behind Revolut's goal of 100M customers by mid-2027, against 2025 revenue of $6B and $2.3B of pre-tax profit.

Source: Reuters

Revolut has received conditional approval from the US Office of the Comptroller of the Currency for a national bank charter, a major step toward launching full banking services in the US, with stablecoin plans flagged for 2027.

Source: Reuters

Revolut has reached 75 million customers globally and set a target of 100 million users by mid-2027, underscoring rapid retail growth.

Source: Crypto Briefing

A Revolut backer, LTC, is advancing a $250 million secondaries deal, reflecting continued investor activity around the fintech's equity.

Source: bloomberg.com