Revolut is gearing up to bring its blend of traditional banking and crypto services to the United States, with plans for a Revolut U.S. bank launch stablecoin services next year. The fintech says the new bank will offer FDIC-insured accounts alongside stablecoin services, giving American customers a single app for banking and digital assets.
For a company that has spent years calling itself the world’s first truly global bank, the U.S. is both the biggest opportunity and the toughest test. The British fintech already has about 1 million customers in the U.S., and it is now trying to turn that base into a full banking business.
Revolut filed an application for a national bank charter with the Office of the Comptroller of the Currency in early March. That filing marked a strategic pivot, because the company had previously considered acquiring an existing U.S. lender before choosing the charter route instead.
The stakes are significant. Revolut serves 75 million customers globally and is valued at $75 billion. It is also reporting strong financial results, with £4.5 billion in revenue, or about $6 billion, and £1.3 billion in net profit, or about $1.75 billion, last year. In other words, this is not a cautious startup experiment.
Summary
What the Revolut U.S. bank launch will offer
FDIC-insured accounts and stablecoins under one app
The product lineup Revolut is planning for the U.S. market is broad. The platform will combine FDIC-insured checking accounts, high-yield investment accounts, multi-currency deposits, stock trading, crypto trading, and stablecoin services in one app.
That mix stands out because most traditional banks in the United States still keep digital assets at arm’s length. Revolut is betting that American customers, especially people who move money across borders, want a more integrated experience.
The company does not plan to open physical branches in the U.S. Instead, customers will use ATM networks, keeping the model fully digital and lean.
Stamford, Connecticut, at the center of the rollout
The proposed U.S. bank will be based in Stamford, Connecticut, with an additional office in New York. That location keeps Revolut close to financial services infrastructure while still fitting its fintech identity.
The multi-currency pitch is central to the plan. Revolut’s app already supports more than 30 currencies, and U.S. CEO Cetin Duransoy has said the company will first focus on business and retail customers who need access to multiple currencies. Those users include people dealing in dollars, Indian rupees, Latin American currencies, and more.
Many of Revolut’s existing U.S. customers first found the app while traveling or living in Europe, Latin America, or Asia. That international footprint gives the company a ready-made audience as it prepares the Revolut U.S. bank launch stablecoin services offering.
Why the Revolut U.S. national bank charter matters
Filing with the OCC in early March was a major regulatory step. A national bank charter is one of the toughest approvals in American finance, and it gives the holder the ability to operate across state lines and accept federally insured deposits.
The timing is notable, too, because U.S. regulators have recently shown a more receptive approach to bank charter applications from fintech and crypto-linked firms. In March, Kraken became the first crypto-native company to receive a “skinny” master account with the Federal Reserve, which gave it direct access to core U.S. payment systems. Revolut’s application lands in that same changing environment.
That matters because a year ago, pairing FDIC-insured products with crypto trading on the same platform would have faced far more friction. Scrutiny is still likely, but the regulatory door appears more open than it was before.
Who Revolut wants to win in the U.S.
Revolut is not trying to be everything to everyone right away. Duransoy has said the first priority will be internationally mobile customers who find traditional U.S. banking frustrating when it comes to foreign currencies and cross-border transfers.
That is a real and underserved segment. American banks have long lagged behind European and Asian rivals on multi-currency accounts and smoother international payments. Revolut built its global reputation by focusing on those pain points.
With about 1 million U.S. customers already on the platform, Revolut has both a starting base and proof that there is demand. The question now is how quickly it can expand once the full banking offering, including Revolut FDIC insured accounts and crypto services, goes live.
- Global customers: 75 million
- U.S. customers: about 1 million
- Supported currencies: more than 30
Revolut’s financial strength and wider crypto push
UK bank approval and strong results
The U.S. push does not stand alone. Earlier in 2026, Revolut received approval to launch a fully licensed bank in the United Kingdom, a regulatory win that took several years to secure. Combined with its recent financial results, that approval puts the company among the most substantial fintechs in the world.
Revenue of £4.5 billion and net profit of £1.3 billion give Revolut the resources to build a U.S. banking operation without stretching its balance sheet too far. At the same time, those numbers reinforce its credibility as a company that has already proven it can make money.
IPO plans remain on hold
Even with its scale and profitability, Revolut remains privately held. CEO Nik Storonsky has said the company does not plan to list shares before 2028, which keeps the $75 billion valuation in private hands for now.
That may help during the U.S. expansion. Without the pressure of quarterly public-market reporting, Revolut can move through the slower process of building banking infrastructure and waiting for charter approval without answering to public shareholders.
Revolut has also been deepening its crypto footprint beyond trading. The company previously partnered with Polygon to support remittances, POL staking, and crypto card payments inside its main app. It was also selected by the U.K.’s Financial Conduct Authority to take part in a fiat-pegged stablecoin sandbox payments trial, which suggests regulators on both sides of the Atlantic are willing to work with it on crypto-integrated financial products.
The U.S. bank charter application is still pending, and the full launch is targeted for next year. However, the direction is clear: Revolut is building toward a model where stablecoins and crypto trading are not add-ons to a bank account, but part of the same product from day one.
FAQ
What products will Revolut offer with its U.S. bank launch?
Revolut plans to offer FDIC-insured checking accounts, high-yield investment accounts, multi-currency deposits supporting more than 30 currencies, stablecoin services, crypto trading, and stock trading through its U.S. platform.
Does Revolut plan to open physical bank branches in the U.S.?
No. Revolut does not plan to open physical branches in the United States. Customers will access their accounts digitally and use ATM networks for cash needs.
What is the timeline for Revolut’s U.S. banking operations to begin?
Revolut plans to launch U.S. banking operations next year, pending approval of its national bank charter application filed with the Office of the Comptroller of the Currency in early March 2026.
Who are the target customers for Revolut’s U.S. bank?
Revolut U.S. CEO Cetin Duransoy has said the initial focus will be on business and retail customers with international banking needs, especially people who regularly transact in multiple currencies across different regions.
Has Revolut received the necessary regulatory approvals to operate a U.S. bank?
Not yet. Revolut has filed a national bank charter application with the OCC, but approval is still pending. The company’s proposed U.S. bank will be based in Stamford, Connecticut, with an office in New York.
