Revolut launches as a bank in 10 European countries

UK FinTech Revolut has announced that it is now using its Lithuania-based European banking licence across 10 European markets.

The company is now operating as a bank in Belgium, Denmark, Finland, Germany, Iceland, Lichtenstein, Luxembourg, Netherlands, Spain, and Sweden.

Customers located in these countries can now upgrade to Revolut Bank from within its app.

“Launching the bank in ten new European markets will provide an even greater level of security and confidence for our customers, and will enable us to launch a host of new products and services in the near future”, said Joe Heneghan, chief executive, Revolut Bank.

Revolut, which was founded in 2015, currently has 18 million global customers.

In 2020 Revolut launched its bank in Poland and Lithuania.
After entering the 10 new markets on Tuesday, Revolut Bank now operates in 28 EU markets.

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