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flag Revolut gains UK banking licence, enabling full banking services for 13 million customers starting.

flag Revolut has received a full banking licence from the UK’s Prudential Regulation Authority, enabling it to launch Revolut Bank UK Ltd and offer a full range of services including current accounts, lending, and credit. flag The move, effective March 11, 2026, allows the fintech to provide deposit protection up to £85,000 via the FSCS and marks a major step in its evolution from a digital currency exchange to a regulated bank. flag The company will gradually roll out new accounts to its 13 million UK customers over several months, with a broader expansion into 30 new markets by 2030 planned. flag Revolut also aims to invest £3 billion in the UK and create 1,000 jobs as part of its global growth strategy.

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