Overview

• Revolut remains in the UK banking licence mobilisation phase with deposit limits, and a portion of the funds is earmarked to capitalise its UK bank.
• Executives say the company is evaluating buying a U.S. bank or applying for a U.S. banking licence to accelerate expansion.
• The pledge is part of a five‑year global programme of about £10 billion ($13 billion) with a target of reaching 100 million customers by mid‑2027.
• A secondary share sale under way is reported to value the company at about $75 billion, up from $45 billion last year.
• UK officials said the move capped a week of more than £110 billion in financial‑services investment commitments from firms including Blackstone, BlackRock and PayPal.