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Fintech

Revolut to launch major US blitz as it targets a million users this year

Pandemic forced fintech firm to put US expansion on pause, offices shuttered

Tuesday, 6 April 2021 at 11:33

Revolut filed a draft application for a bank charter in California last month, which if approved, would enable it to begin lending activities across the US
Revolut filed a draft application for a bank charter in California last month, which if approved, would enable it to begin lending activities across the US Photo: Thomas Trutschel/Getty Images

Digital bank Revolut is aiming to reach a million users in the US by the end of this year, as it prepares to revive plans for a major marketing push in the region.

It had originally planned to market the fintech brand in March last year in connection with the app’s debut in the country, but the pandemic forced the startup to delay the campaign.