
Revolut, the London-based neobank with 75 million users and a $75 billion valuation, confirmed a South Africa launch by 2028. It applied for a banking licence from the South African Reserve Bank in September 2025. The company plans zero-fee accounts, multi-currency wallets, and crypto trading, facing entrenched lenders and digital challengers.
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Summary by ByteBrief
Revolut Secures UAE Licenses Fueling Global Bank Ambitions