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In August 2026, Revolut was awarded a full banking licence in France, following assessment by the French Prudential Supervision and Resolution Authority and the European Central Financial Institution. In July 2026, the Australian Prudential Regulation Authority granted Revolut an unrestricted banking licence in Australia. The licence additionally authorises the company to supply shopper credit score providers to UK clients.
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- Wired reported that the service allowed buying and selling in 300 US-listed shares on the Ny Inventory Change and Nasdaq.
- You’ll also be succesful of perform currency trade and switch cash abroad, plus carry out a host of other transactions in the app.
- It does not presently have a UK banking licence, however it’s authorised by the Monetary Conduct Authority (FCA).
- In September 2022, Revolut was the target of a cyber assault that uncovered the non-public knowledge of over 50,000 clients.
- They notice that clients signing up from eleven March 2026 onwards should still be onboarded onto an EMI account with Revolut Ltd as an alternative of the full bank account.
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