Revolut secures full banking licence in France

# Revolut secures full banking licence in France

> Evidence tier: B1
> Evidence type: Independent payments-trade report based on regulatory and company statements
> Source: [The Paypers](https://thepaypers.com/fintech/news/revolut-secures-full-banking-licence-in-france)
> Published: 2026-08-10
> Captured: 2026-08-13T17:39:41.983Z

## Source summary

The Paypers reports that Revolut obtained a full French banking licence from the ECB following a joint review with the ACPR. The new French entity is intended to serve Western Europe alongside Revolut Bank UAB in Lithuania; Revolut says it plans to invest more than EUR1 billion in the region, hire more than 600 people and establish its Paris headquarters by 2027.

## Why it matters

A locally regulated banking entity can change how Revolut offers accounts and payment services across Western Europe instead of relying only on cross-border passporting from Lithuania. The licence is material regulatory infrastructure, but the report says migration timing and new products are not disclosed; investment, hiring and regional expansion figures are forward-looking company commitments.

## Key numbers

- **Western European users cited:** about 30 million
- **Planned regional investment:** more than EUR1 billion
- **Planned hires and Paris headquarters target:** 600+; by 2027

## Topics and entities

- Industry lane: Payment infrastructure
- Entities: Revolut
- Cross-border payments
- Payment infrastructure

## Evidence and credibility note

Independent The Paypers report based on regulator and company statements. The licence is reported; rollout timing is undisclosed and investment, hiring and expansion figures remain forward-looking commitments.

Date evidence: Automatically verified from JSON-LD datePublished: 2026-08-10T04:25:16+00:00

## First-party corroboration

No directly corresponding A1 company announcement is currently linked.

## Original-source traceback

[Open the original The Paypers report](https://thepaypers.com/fintech/news/revolut-secures-full-banking-licence-in-france)

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