Revolut has applied for a national banking license in the United States, aiming to directly access the Federal Reserve's payment system.

CoinFeed reported on March 5th that, according to CoinDesk, fintech company Revolut has applied to US regulators for a nationwide banking license. If approved, Revolut would have direct access to the Federal Reserve's payment system, accept FDIC-insured deposits, and issue loans and credit cards in all 50 states.