Fintech giant Revolut has scored conditional approval from the OCC to launch a national bank in the US. The company filed its application back in March 2026 and is calling this decision a major milestone on its road to opening its own American bank.

What Happened

Revolut announced it received the OCC's conditional green light for a US national bank charter. This is the first step in the process after submitting its application in March 2026.

Launch Plans

Revolut says it's targeting a 2027 launch for its US bank. The company sees this current status as a crucial checkpoint as it gears up for the rollout.