Revolut Considers Hiring Adviser for US Acquisition or Banking License

Revolut is exploring hiring investment bankers to weigh a possible acquisition in the US, or applying for a banking license. The fintech giant is preparing to launch savings products for US consumers and has recently increased marketing spending in the country. Revolut has been operating in the US through partner banks, but now seeks to own more of the process with a bank license of its own. The company is in the final stages of securing a banking license in its home country, UK.