Revolut, the global fintech with over 70m customers, has today been granted an Organisation Licence by the Superintendency of Banking, Insurance and AFP (SBS) of Peru, a key step in its banking licensing process. With this major regulatory milestone, Revolut is set to become the first fully digital bank authorised in Peru.The authorisation allows Revolut to formally incorporate as a banking entity in the country, marking the critical first stage before the company undergoes the supervisory inspection required for the Functional Authorisation and a full operational launch.The granting of the Organisation Authorisation is the first step in crystallising Revolut’s commitment to delivering a world-class financial ecosystem to Peru’s dynamic and increasingly digital-first population. By securing this license, Revolut demonstrates its operational readiness and the strength of its local leadership team, tasked with bridging the company’s global technology with deep regional expertise to offer more competitive, transparent, and high-value financial tools.This move further solidifies Revolut’s ambitious expansion strategy in Latin America, where Peru joins Brazil, Mexico, Colombia, and Argentina as a key growth pillar. Once the subsequent Functional Authorisation is received, Revolut plans to introduce its banking products and services to Peruvian consumers, offering a suite of digital-first products designed to provide greater transparency and control over personal finances. The company’s entrance is expected to significantly increase competition and foster greater financial inclusion across the region’s evolving payment landscape."Securing our Organisation License is a testament to the efficient regulatory environment in Peru and our team’s dedication to meeting the highest compliance standards," said Julien Labrot, CEO of Revolut Peru. As Revolut moves toward full operational status, the company will continue to scale its local team and infrastructure, ensuring that its suite of services is perfectly tailored to the Peruvian economic landscape.NoYesBanking01 Apr, 2026