Revolut files for US bank charter in major expansion move. The London-based fintech, serving 70 million customers globally, has applied for a national bank charter with the U.S. Office of the Comptroller of the Currency and FDIC. If approved, Revolut Bank US would gain four critical capabilities currently unavailable: uniform operations across all 50 states, direct access to federal payment systems like Fedwire and ACH, ability to offer personal loans and credit cards, and FDIC deposit insurance. The company also appointed Cetin Duransoy as U.S. CEO, replacing Sid Jajodia who becomes global chief banking officer. Duransoy previously led Raisin U.S. and held senior positions at Capital One and Visa. This charter pursuit signals Revolut's shift from partner-dependent operations to controlling its own banking infrastructure and accelerating innovation for American customers.