Revolut files for US bank charter, names Duransoy as US CEO [Yahoo! Finance]
Nu Holdings Ltd. (NU)
Company Research
Source: Yahoo! Finance
By Tatiana Bautzer and Lananh Nguyen NEW YORK, March 5 (Reuters) - Britain's Revolut applied for a U.S. bank charter and appointed former Visa executive Cetin Duransoy as its new ?CEO for the United States, the fintech company announced on Thursday. Revolut, which has about 70 ?million clients in 40 markets, is setting its sights on the lucrative U.S. market. If its applications are approved ?by the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation, Revolut plans to broaden its U.S. business to gather deposits, make loans, issue credit cards and facilitate payments. "The United States is a key pillar of our global growth strategy," Revolut Founder and CEO Nik Storonsky said in ?a statement. He said its presence ?in the U.S. will be important for the fintech to reach a goal of 100 million customers globally. Revolut is expected to invest $500 million in the ?U.S. over the next three to five years, including the capital for the new bank, ma
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- NU (NU) had its price target lowered by UBS Group AG from $18.40 to $17.20. They now have a "neutral" rating on the stock.MarketBeat
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- 11/13/25 - Beat
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Sec Filings
- 2/25/26 - Form 6-K
- 2/25/26 - Form 6-K
- 2/25/26 - Form 6-K
- NU's page on the SEC website