#Revolut

In March, Revolut applied for a U.S. national banking charter as part of its expansion strategy. Subsequently, the British fintech company announced that South Africa would be its first African market, with plans to launch in 2028, pending regulatory approval.

Revolut has obtained regulatory approvals from the Central Bank of the United Arab Emirates, allowing it to launch its services in the competitive UAE financial market. The London-based fintech company has been granted Stored Value Facilities (SVF) and Retail Payment Services licences, marking a significant step in its market entry plans.