Revolut has applied for a banking licence in Finland, continuing its push to broaden its footprint across Europe.
Revolut Bank EU chief executive Kuba Fast said the lender is seeking to set up a Finnish branch.
If approved, the step would allow its 250,000 customers in Finland to use IBANs and access services including paying domestic bills and receiving wages.
“It also reflects our commitment to investing and growing locally, strengthening cooperation with the local Finnish authorities, and bringing our services closer to customers,” he said in a LinkedIn post.
The filing follows Revolut’s receipt of a full banking licence in France earlier this month, after a joint assessment by the Autorité de Contrôle Prudentiel et de Résolution and the European Central Bank.
That decision came as the group stepped up its activity in Western Europe.
During the past year, Revolut said it had allocated more than €1bn ($1.15bn) to the region and outlined plans to hire over 600 staff across its Western European operations.
The company has said it intends to open a Western European headquarters in Paris in 2027.
In Australia, the company last month secured an independent authorised deposit-taking institution licence from the Australian Prudential Regulation Authority.
That clearance means Revolut is now operating there as a licensed bank.
