Revolut Applies for US Banking Charter in Global Push
UK fintech giant Revolut has filed applications with the OCC and FDIC for a US national bank charter, committing $500 million to the American market as it targets 100 million customers globally.
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Priya Sharma
Senior Fintech Reporter
Priya Sharma covers neobanks and challenger banks across Europe and the United States, with a particular focus on licensing, growth strategy, and cross-border expansion.
Articles by Priya Sharma
UK Digital Banks Race to Launch AI-Powered Financial Advisers for Mass Market
Monzo, Revolut, and Starling are all developing AI-powered financial advice tools, aiming to democratise wealth management for millions of everyday customers.
FCA Tightens Rules on Digital Bank Marketing After Consumer Complaints Surge
The Financial Conduct Authority has introduced stricter marketing rules for digital banks following a 40 per cent rise in consumer complaints about misleading savings and investment promotions.
Griffin Obtains Full UK Banking Licence, Targets Developer-First BaaS Market
Banking-as-a-Service startup Griffin has received its full UK banking licence from the PRA and FCA, becoming the first developer-focused BaaS provider to achieve authorisation.
Starling Bank Weighs London Versus New York Listing as Revenue Tops £700 Million
Starling Bank has appointed advisers to explore a dual-track IPO process on both the London Stock Exchange and NYSE, reigniting debate over whether the UK can retain its most valuable fintech companies.
Zopa Surpasses £5 Billion in Deposits as Savings-Led Strategy Pays Off
Zopa has crossed £5 billion in customer deposits, cementing its position as one of the UK's fastest-growing digital banks with a savings-first approach.
Agentic AI Arrives in UK Banking as Revolut and Monzo Launch Autonomous Finance Tools
Revolut and Monzo are pioneering agentic AI systems that can autonomously manage bill payments, negotiate better deals, and rebalance savings on behalf of customers. The technology marks a shift from reactive chatbots to proactive financial agents.
Chase UK Reaches 2 Million Customers but Faces Questions Over Path to Profitability
JPMorgan's Chase UK has crossed the 2 million customer mark, but mounting losses have sparked debate about the long-term viability of the American banking giant's UK digital venture.
Biometric Authentication Adoption Doubles Among UK Digital Banks
Facial recognition and behavioural biometrics are becoming standard security features as UK challenger banks report a twofold increase in biometric login adoption over the past year.
Starling Bank Expands European Footprint with Dublin Office and New Licence Application
Starling Bank is pushing ahead with its European expansion plans, opening a Dublin office and applying for an Irish banking licence to serve customers across the EU.
Monzo Hits 10 Million Customers as Digital Bank Posts First Full-Year Profit
Monzo has reached a landmark 10 million customer milestone while reporting its first full-year profit, marking a turning point for the UK's largest digital-only bank.