Revolut Secures Full UK Banking License From PRA on March 11, 2026

On March 11, 2026, Revolut obtained a full UK banking license from the Prudential Regulation Authority, ending a five‑year approval process that began with its 2021 application. The $75 billion fintech can now lend, take deposits and offer FSCS‑protected accounts, while planning £10 billion of global investment and continued international expansion.