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Revolut Secures UAE Central Bank Licences to Launch Full Digital Banking Services in Emirates

Revolut, the global fintech with over 75 million customers worldwide, announced that it has received its Stored Value Facilities (SVF) licence and Retail Payment Services (Category II) licence from the Central Bank of the United Arab Emirates (CBUAE).

The approval follows the in-principle approval granted to Revolut by the CBUAE in September 2025 and marks the successful completion of the company’s regulatory licensing process in the UAE. The licences represent a significant milestone in Revolut’s expansion in the country and reflect its commitment to meeting the highest standards of governance and compliance.

The authorisation also represents a major step forward in Revolut’s expansion across the Middle East. Since receiving its in-principle approval last year, the company has continued to strengthen its presence, expand its local team, and invest in the infrastructure, capabilities and governance frameworks required to support long-term growth in the UAE.

Read more: https://techafricanews.com/2026/06/17/revolut-secures-uae-central-bank-licences-to-launch-full-digital-banking-services-in-emirates/