Revolut Obtains Banking Licence in Colombia and Submits Application to Operate in Switzerland
Revolut has received regulatory approval from Colombia's Superintendencia Financiera de Colombia (SFC) to operate as a bank, marking another step in its global expansion. The fintech company also submitted an application for a Swiss banking licence with FINMA and plans to introduce new financial products tailored to the local market. Revolut reported strong performance in 2025, achieving $6 billion in revenue—a 46% increase from the previous year—and pre-tax profits of $2.3 billion. The company serves over 1.3 million customers in Switzerland and plans to invest more than SFr150m ($183.2m) there for product development and hiring. Revolut has been actively expanding its banking operations, securing licences in France, Australia, the UK, Mexico, and recently obtaining conditional approval from U.S. regulators.
