Revolut Gets Conditional OCC Approval for US Bank Charter
Revolut reports conditional preliminary approval from the OCC as it seeks a US banking charter, with terms and timeline still undisclosed.
Revolut states it received conditional preliminary approval from the OCC to become a US bank.
The company described the approval as an important step in its US banking application.
What remains unknown
Full terms, conditions, and timeline to final approval remain undisclosed.