Even though Revolut’s bank charter will be with California, it will allow the lender to operate widely throughout the U.S. via interstate agreements.
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European fintech giant Revolut is close to applying for a bank charter in California, sources say
“It’s a huge opportunity for us if we are able to provide all the products that you need in one app, but the app is highly personalized to your needs,” Revolut CEO Nikolay Storonsky said in a July phone interview.
