NEW YORK, March 5 (Reuters) - Britain's Revolut applied for a U.S. bank charterand appointed former Visa executive Cetin Duransoy as its new CEO for the United States, the fintech company announced on Thursday.
Revolut, which has about 70 million clients in 40 markets, is setting its sights on the lucrative U.S. market. If its applications are approved by the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation, Revolutplans to broaden its U.S. business to gather deposits, make loans, issue credit cards and facilitate payments.
