Revolut Bank Receives Full Banking Licence in France | LeapRate
Revolut Bank S.A. (RBSA) has been awarded a full banking licence in France, the company announced on Monday. The move marks a major step for the fintech giant’s growth in Europe.
The licence was approved after a joint review by the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the European Central Bank (ECB), with final approval given by the ECB Governing Council on August 10, 2026.
Revolut already has around 30 million customers across Western Europe, with almost 8 million of them joining in 2025 alone. This new licence helps cement its position as one of the region’s biggest retail banks. The company plans to invest more than €1 billion in Western Europe and create over 600 new jobs. It will also open a new regional headquarters in Paris in 2027.
RBSA will begin serving customers first in France, before expanding to other countries such as Germany, Ireland, Italy, Portugal, and Spain. Meanwhile, Revolut’s existing Lithuanian entity, Revolut Bank UAB, will continue to support operations across the rest of the European Economic Area. Both entities will be supervised by the ECB, forming what Revolut calls a “dual hub” model designed for large scale growth.
Nik Storonsky, Revolut’s founder and CEO, said the licence gives the company “the foundation to build the next generation of banking” for its millions of customers in Western Europe. He added that France’s strong financial industry and regulatory system make it an ideal base for future growth.
With banking licences now held in both Europe and the United States, Revolut continues to expand its global reach, currently operating in 40 markets worldwide.
