Revolut Secures Sixth Global Bank License in Colombia
Revolut continued its global expansion by securing a bank license in Colombia, the company said in a Tuesday (Sept. 15) press release. The license to operate (licencia de funcionamiento) from the Superintendencia Financiera de Colombia (SFC) is the last of the regulatory requirements Revolut needs to launch as a regulated bank in the country, according […] The post Revolut Secures Sixth Global…
Revolut, the fintech company, has secured its sixth global bank license in Colombia, the company announced in a press release on Tuesday, September 15th. This license, granted by Colombia's Superintendencia Financiera de Colombia (SFC), marks the final regulatory requirement for Revolut to launch as a regulated bank in the country. Revolut aims to offer a comprehensive range of financial products in Colombia, and approximately 200,000 Colombians have already registered for the company's waitlist.
Revolut's Founder and CEO, Nik Storonsky, expressed his enthusiasm for the license, stating that it allows the company to bring its advanced technology and financial stability to a dynamic market, providing Colombians with a transparent platform that puts control back in their hands. Diego Caicedo, CEO of Revolut Colombia, added that the launch will not only involve a bank launch but also a connection to the global economy, simplifying remittances and access to world-class products on a single platform, backed by the infrastructure of one of the world's most innovative financial platforms.
Currently, Revolut holds six full banking licenses across the globe, including those obtained previously in the United Kingdom, France, Australia, Lithuania, and Mexico. This year, the company received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) for a U.S. national bank charter, received a payments license in the UAE, and obtained an Organization License from Peru's Superintendency of Banking, Insurance, and AFP (SBS).
PYMNTS reported earlier that upon receiving approvals for a proposed U.S. bank, Revolut plans to directly offer U.S. customers loans, credit cards, FDIC-insured deposits, access to stablecoins, and cryptocurrencies. In March, Revolut's annual report revealed a 40% revenue increase to $6 billion and a record profit of $2.3 billion in 2025.
Storonsky commented that 2025 was another landmark year, noting that the company has built a diversified, resilient business that is profitable at scale, laying the foundation for its next phase of growth. As they transition into a truly global bank, Revolut is demonstrating that their technology-driven model continues to drive rapid expansion and record profitability.
Written by urgent.news from PYMNTS's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.