Previous post Next post

Revolut applies for a banking licence in Switzerland

The British ‘neobank’ Revolut, whose services are already used by over a million Swiss residents, is now applying for a Swiss banking licence. The online bank plans to invest more than CHF150 million in the Swiss market over the next five years. The granting of a licence by the Swiss Financial Market Supervisory Authority (FINMA) would pave the way for a full range of banking services in Switzerland, Revolut stated in a press release on Wednesday. The application is currently being reviewed by FINMA. Revolut is already regarded as the largest “neobank” in Switzerland. According to its own figures, it already has 1.3 million customers in the country. In the 2025 financial year alone, the customer base grew by around 240,000 people. This means the British fintech company significantly outstrips its nearest competitors in Switzerland – the finance app Yuh has around 400,000 customers and Neon around 250,000. Despite its expanded range of services, many Swiss residents still primarily ... Full story here Are you the author?
About Swissinfo
Swissinfo
SWI swissinfo.ch – the international service of the Swiss Broadcasting Corporation (SBC). Since 1999, swissinfo.ch has fulfilled the federal government’s mandate to distribute information about Switzerland internationally, supplementing the online offerings of the radio and television stations of the SBC. Today, the international service is directed above all at an international audience interested in Switzerland, as well as at Swiss citizens living abroad.
Previous post See more for 3.) Swissinfo Business and Economy Next post
Tags: ,,

Permanent link to this article: https://snbchf.com/2026/09/revolut-applies-banking-licence-switzerland/

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.