Share this article
Crypto-Friendly Bank Revolut Launches in the US
The challenger bank reportedly has plans to offer its crypto buying service to US customers in the near future.
By Paddy Baker
Updated May 9, 2023, 3:07 a.m. Published Mar 25, 2020, 4:15 p.m.
Mobile bank Revolut has launched in the U.S., with an eye to offering its cryptocurrency services sometime in the near future.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The London-based challenger bank announced Tuesday that U.S. customers could now register for an account and sign up for a payment card. Deposits are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000.
Launched in 2015, Revolut now has more than 10 million customers, primarily in the U.K. and Europe. As well as banking services, it offers features such as a fiat currency exchange, insurance brokerage and equity trading platform. The bank completed a $500 million Series D in February, valuing the company at more than $5 billion.
See also: Revolut App Adds XRP, Bitcoin Cash to Crypto Options
Revolut has also allowed users to purchase cryptocurrencies directly from the app since adding support for bitcoin in 2017. Although users can trade digital assets with other Revolut users, they cannot take them out of the app.
Revolut said U.S. customers will initially only have access to the bank's core features. Additional services, such as the crypto-buying service, will be added sometime in the near future, according to TechCrunch.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
From Wall Street to the World Cup: How Football Became Crypto’s Biggest Gateway Drug
As institutions are laying the groundwork for wider crypto adoption from the top down, it’s being met by rising interest from football fans from the ground up.
Top Stories
