Revolut had abandoned its plans to acquire a US lender. The update from January 2026 might appear unremarkable in isolation. Neobanks are aggressive entities. They have seized a sizable market share from mainstream institutions, fuelled by their ambition to revise the status quo. Yet in the case of Revolut, the decision reflects a collective movement by European neobanks to extend across the Atlantic and establish a foothold in the world’s largest fintech market. It’s a story that’s been unfolding over ...