Revolut has obtained authorisation from Colombia's Superintendencia Financiera de Colombia (SFC) to operate and has also filed an application for a banking licence in Switzerland with FINMA.
The Colombian approval clears the way for the company to operate as a regulated bank in the country.
The move comes after a year in which, according to Revolut's 2025 annual report, the group posted revenue of $6bn, up 46% from a year earlier, and pre-tax profit of $2.3bn. Customer balances stood at $67.5bn.
Revolut plans to introduce a range of banking products in Colombia.
In Switzerland, the UK-based fintech firm application has been formally submitted to FINMA and remains under review.
#operate
The Colombian approval clears the way for the company to operate as a regulated bank in the country.
The move comes after a year in which, according to Revolut's 2025 annual report, the group posted revenue of $6bn, up 46% from a year earlier, and pre-tax profit of $2.3bn. Customer balances stood at $67.5bn.
Revolut plans to introduce a range of banking products in Colombia.
In Switzerland, the UK-based fintech firm application has been formally submitted to FINMA and remains under review.
#operate
19 days ago
