Revolut is preparing to launch a U.S. bank next year that will offer FDIC insured accounts, stablecoin access, and cryptocurrency trading as the fintech giant expands its presence in the American market.
Key Takeaways
- Revolut plans to launch its U.S. bank in 2027, pending regulatory approvals.
- The bank is expected to offer FDIC insured checking accounts and high yield investment products.
- U.S. customers will gain access to stablecoins, crypto trading, stock trading, and multi currency deposits.
- Revolut will initially target customers with international banking and cross-border payment needs.
What Happened?
British fintech company Revolut is moving closer to establishing a full banking presence in the United States. According to newly appointed U.S. CEO Cetin Duransoy, the company expects to begin operating its U.S. bank next year after submitting an application for a U.S. national bank charter in March.
The planned bank will be headquartered in Stamford, Connecticut, with an additional office in New York, offering digital banking services without maintaining physical branches.
LATEST: @Revolut plans to launch its U.S. bank in 2026, offering FDIC-insured accounts, stablecoins, multi-currency deposits and crypto trading. pic.twitter.com/GRJyL05RM5
— CoinDesk (@CoinDesk) June 3, 2026
Revolut Expands Its U.S. Banking Ambitions
Revolut has spent years building a global customer base through its digital financial platform, and the company now appears ready to deepen its footprint in one of the world’s largest banking markets.
Duransoy said the upcoming U.S. bank is expected to provide a range of traditional banking products, including FDIC insured checking accounts and high yield investment accounts. At the same time, customers will also be able to access digital asset services through the same platform.
These offerings are expected to include:
- Stablecoins
- Cryptocurrency trading
- Stock trading
- Multi currency deposits
- ATM network access
The bank will operate entirely through digital channels and will not maintain any physical branch locations.
Focus on International Customers
Revolut’s initial strategy in the United States will center on customers who frequently move money across borders or need access to multiple currencies.
Duransoy said:
This approach aligns with Revolut’s existing strengths. The company’s app currently supports services in more than 30 currencies, making it attractive for international travelers, businesses, freelancers, and customers managing finances across multiple countries.
According to the company, many of its existing U.S. users first became familiar with Revolut while living, traveling, or working in regions such as Europe, Latin America, and Asia before continuing to use the platform in the United States.
Crypto and Stablecoins Become Part of Banking Strategy
One of the most notable aspects of Revolut’s U.S. banking plan is the integration of digital assets alongside traditional banking products.
Rather than separating crypto services from banking, Revolut intends to offer customers access to stablecoins and cryptocurrency trading through the same ecosystem that includes checking accounts and investment products.
The move reflects a broader trend across the financial industry as fintech companies seek to combine conventional banking with digital asset services. For customers, this could mean easier access to both traditional and crypto-based financial products within a single platform.
Strong Growth Supports Expansion Plans
Revolut enters the U.S. banking market from a position of strength.
The company currently serves approximately 75 million customers worldwide, including around 1 million customers in the United States.
Financially, Revolut reported 4.5 billion pounds ($6 billion) in revenue and 1.3 billion pounds ($1.75 billion) in net profit during the previous year. The company remains privately held and was valued at $75 billion in its latest funding round.
Despite ongoing speculation about a public listing, CEO Nik Storonsky has previously stated that Revolut does not plan to pursue an initial public offering before 2028.
CoinLaw’s Takeaway
In my experience, the most important part of this announcement is not the checking accounts. It is the decision to combine FDIC insured banking services with stablecoins and crypto trading under one platform. I found that many fintech firms talk about bridging traditional finance and digital assets, but few have the scale of Revolut’s 75 million customer base. If regulators approve the charter and the rollout proceeds as planned, Revolut could become one of the most significant examples of crypto and mainstream banking operating side by side in the U.S. market.
