Revolut receives conditional approval for US banking license and expands travel distribution
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On October 1, 2026, Skift Feed reported that London-based digital bank Revolut has received conditional approval for a US banking license and is preparing to replicate its travel payment distribution model, which has been proven in Europe, in the United States. The report stated that Revolut started in 2015 from a currency exchange business and currently offers hotel accommodations, travel insurance, lounge access, and points redeemable for airline miles, and that travel expenses can be paid through the Revolut Pay digital wallet checkout. The report also noted that its travel distribution expansion faces a test in the US market.
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- Skift FeedRevolut's travel distribution push faces a US market test
Revolut has received conditional approval for a US banking license and is preparing to replicate the travel payment distribution model it has proven in Europe in the United States. The London-based digital bank started with currency exchange in 2015 and now offers hotel accommodation, travel insurance, lounge access and points redeemable for airline miles, and travel expenses can be paid via the Revolut Pay digital wallet.
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