Revolut Expands with FCA Approval and Crypto Card Tease

Revolut has unveiled a physical crypto debit card, signaling a broader strategy to enhance its business banking, leveraged trading, and private wealth services. According to BeInCrypto, this move follows Revolut's recent approval from the Financial Conduct Authority (FCA) to offer leveraged investment products, portfolio management, and advisory services in the UK. CEO Nik Storonsky has prioritized business banking, offering incentives for new corporate clients. The fintech firm plans to launch a UK private bank this summer, targeting mass-affluent clients with a £500,000 deposit threshold.