<cite index="41-2,41-3">Revolut Bank S.A. received a full banking licence from France's ACPR and the ECB on August 10, 2026, marking a historic milestone as the fintech's second EU banking hub and reducing reliance on its sole Lithuanian entity</cite>. <cite index="41-2">The London-based neobank serves about 30 million customers across Western Europe, with close to 8 million joining in 2025 alone</cite>. <cite index="43-4">The licence unlocks the ability to lend—Revolut can now offer credit, deposits, mortgages, and regulated savings accounts, moving decisively past the payment-institution limits it had operated under in France</cite>.
<cite index="41-4,44-2">Revolut is deepening roots across Western Europe with €1B+ investment in the region, hiring 600+ people across Western European markets, and confirming a 2027 opening of its new Western European HQ in Paris</cite>. <cite index="43-4">The company has barely touched lending; it made most revenue from fees and trading rather than loans, so a licence that permits lending at scale is a chance to build the steadier, interest-based income that real banks rely on</cite>. <cite index="45-3">Revolut was most recently valued at $115 billion in a secondary share sale, up from $75 billion in a sale last year</cite>.
<cite index="43-5">Both Revolut Bank entities are supervised by the ECB, and the rollout of mortgages and savings products is expected to be gradual rather than immediate</cite>. <cite index="43-5">France will be the proving ground; the company plans to serve French customers first, migrating them before expanding to Germany, Italy, Spain, Portugal and Ireland</cite>. For fintech investors, the licence signals execution risk from an ECB that previously restricted product launches; for Revolut's path to 100M customers, lending products and a Paris anchor become critical to competing with incumbent banks across the continent.