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PayDay News | Australian Payments News

Revolut Bank Australia – APRA grants ADI licence

Editor
22 Jul, 2026
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Warwick Ponder
Editor
22 Jul, 2026
Add us as a preferred source on Google
Despite a recent zombie fraud controversy, APRA has granted Revolut Payments Australia a licence to operate as an authorised-deposit taking institution (ADI) in what the UK-based fintech described as a “defining moment” in the company’s journey.
Revolut Bank Australia – APRA grants ADI licence
Revolut’s CEO Australia & NZ & APAC, Matt Baxby, said the new banking licence marks a defining moment in the company’s journey.

Despite a recent zombie fraud controversy, APRA has granted Revolut Payments Australia a licence to operate as an authorised-deposit taking institution (ADI) in what the UK-based fintech described as a “defining moment” in the company’s journey.

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