Revolut Weighs Hiring Adviser for Possible Acquisition in the US

Revolut, a prominent digital banking and financial services company, is considering hiring an investment advisor to explore potential acquisition opportunities in the United States. The company is exploring the possibility of acquiring a US-based lender, which could help accelerate its growth and expansion in the American market. Revolut has experienced significant success in its home market of the United Kingdom and several other European countries. However, the company has faced challenges in gaining traction in the highly competitive US financial services landscape. By acquiring a local lender, Revolut aims to leverage the target's existing infrastructure, customer base, and regulatory approvals to strengthen its foothold in the US. The move reflects Revolut's strategic ambitions to expand its global reach and solidify its position as a leading player in the digital banking and fintech industry. The potential acquisition, if materialized, could be a significant step forward for the company as it seeks to capitalize on the opportunities in the lucrative US market.