Digital bank Revolut has applied to open a branch in Finland, aiming to deliver local account details and closer everyday banking options to its existing users there. The fintech firm, operating in the European Economic Area through its Lithuanian-licensed entity Revolut Bank UAB, confirmed that the application for a Finnish branch is now currently under review by the relevant supervisors.
Approval would mark a further step in Revolut’s strategy of building deeper local roots across Europe while continuing to serve customers primarily through its app-based model.
Finland accounts for more than 250,000 Revolut customers.
At present those users hold accounts with Lithuanian LT-prefixed numbers.
A local branch would enable the issue of Finnish FI-prefixed IBANs.
Company representatives have highlighted that domestic account numbers would simplify routine transactions such as receiving salaries, settling household bills and managing day-to-day payments, making the service more practical as a primary banking relationship rather than mainly an international or secondary tool.
Tuomas Autero, Revolut’s country manager for Finland, described the move as a way to bring services nearer to Finnish customers and to deepen dialogue with local authorities.
He noted that feedback on the firm’s engagement with regulators has been positive and that understanding domestic expectations remains a priority.
Experience in other markets, he added, shows that local account numbers often encourage users to treat Revolut as their main bank for payroll and recurring payments.
The company is simultaneously expanding its on-the-ground presence in Finland.
It has assembled a local specialist team drawing on expertise from major Finnish banks and the Financial Supervisory Authority, with skills covering customer needs, financial-crime prevention and the specific regulatory environment.
Further hiring is planned in compliance, anti-money-laundering and operational roles to support longer-term development of local capabilities.
The Finnish filing forms part of a broader European push.
Earlier in August 2026 Revolut secured a full banking licence in France following assessment by the French prudential regulator and the European Central Bank.
That approval supports plans for a Western European headquarters in Paris and staged expansion of banking services into additional markets including Germany, Ireland, Italy, Portugal and Spain.
Revolut has committed significant investment and hiring across the region.
The firm also recently gained approval for a branch in Greece.
Revolut Bank UAB itself operates under direct European Central Bank supervision, reflecting its scale within the European banking system.
Globally the company serves more than 75 million personal customers and positions itself as one of Europe’s fastest-growing and profitable digital banks.
In Finland the emphasis remains on digital delivery; any approved branch is expected to function as an operational base rather than a network of physical retail outlets.
If granted, the Finnish authorisation would allow Revolut to compete more directly with traditional banks on core domestic services while retaining its multi-currency and cross-border strengths.
Local account numbers, stronger regulatory ties and an expanded domestic team are presented as steps toward turning a sizeable existing user base into deeper, everyday banking relationships. The application remains subject to supervisory assessment, and no timeline for a decision has been announced.