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Revolut Opens Bank in France, Italy and Portugal

Source: Valerie

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Fazzaco learned that Revolut, the Bristish fintech company, has launched its banking services in France, Italy and Portugal. Revolut Bank will not have physical branches, only a digital presence.

The company gained Lithuanian banking license and its started as a bank in May 2020 in Lithuania. Since then it has a banking license for 18 European countries.

“We’re really excited to launch the Bank to our customers in France, Italy and Portugal, as they will benefit from deposit protection insurance in addition to all the amazing products and features we offer today. And this is just the beginning of our plans for Revolut Bank!” Adriana Restrepo, Revolut Bank’s Head of Operations, said.

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