In October 2023, the bank had more than 35 million customers in 37 countries. This rapid growth has attracted the attention of regulators.
In December, the European Central Bank decided to add Revolut to its supervisory list. Now two Lithuanian companies are subject to monitoring – Revolut Holdings Europe UAB and Revolut Bank UAB.
It is worth noting that the introduction of supervisory measures does not mean that Revolut has any financial or regulatory difficulties. This suggests that the bank is ripe for direct control by the ECB. In the same list you can see Deutsche Bank, BNP Paribas and other large banks.