11:09 - 31.07.2025

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July 31, Fineko/abc.az. British fintech startup Revolut is considering the possibility of acquiring a bank in order to quickly obtain a license to operate in the U.S., ABC.AZ informs, referring to the Financial Times (FT).

According to sources, the startup is considering the same scheme of entering the market in the Middle East.

Revolut declined to comment on the matter.

In August 2024, Revolut was valued at $45 billion in secondary stock sales and consolidated its position as one of the most valuable technology companies in the region.

The online bank was established in 2015 and has nearly 60 million customers in different countries. Revolut currently has licenses to operate in the EU, the UK and Mexico.