Revolut Enters Morocco with Banking Ambitions in Sight

Tuesday, 12/08/2025 | 20:59 GMT by Jared Kirui
- Within two years, the fintech giant reportedly aims to apply for a full banking license to expand its financial offerings.
- Last month, Revolut named Amine Berrada as Head of Operations in Morocco.
Revolut has submitted an application to Bank Al-Maghrib to launch operations in Morocco, local media publication L’Economiste reported. The filing seeks approval for a limited financial services license that would allow the UK-based fintech to operate as a payment provider in the country.
Two-Stage Entry Plan
The company reportedly intends to start with payment services, including quick account opening, fee-free international transfers, and multi-currency cards. Within two years, Revolut plans to apply for a full banking license to expand its range of financial products.
In July, Revolut appointed Amine Berrada as head of Moroccan operations. Berrada, a former Uber operations director for Southern and Eastern Europe, will lead the market entry and oversee growth.
“Revolut is on a mission to build the world’s first truly global financial superapp, and I’m thrilled to contribute to launching and scaling its presence in Morocco,” commented Berrada. “I’m especially proud to be doing this for my home country, helping bring cutting-edge financial services to millions of Moroccans.”
Amine Berrada, Source: LinkedIn
Morocco’s young and digitally active population is a key target for Revolut’s app-based model. If approved, the company plans to introduce additional features such as crypto trading and budgeting tools.
More Expansion Plans
Elsewhere, Revolut is eyeing an entry into China as part of its broader expansion strategy across Asia, according to a recent report, which cited details from a pitch deck the fintech shared with investors last year.
The British fintech is evaluating opportunities around hiring, licensing, and scoping within China, a market of more than 1.4 billion people. However, it faces significant challenges due to the dominance of local payment giants like Alipay and WeChat.
Read more: Revolut Pitched China Expansion to Investors: Report
Recently, Revolut partnered with Ant International, a unit of the company behind Alipay, to facilitate money transfers in Chinese yuan to recipients in China. This partnership aims to tap into the estimated $48 billion in annual remittances sent to the country.
The fintech giant also reinstated its crypto staking services for customers in Hungary following a temporary suspension caused by new government regulations. Revolut had halted most of its cryptocurrency features in Hungary after a law was introduced that criminalizes trading on unlicensed crypto platforms.
Revolut has submitted an application to Bank Al-Maghrib to launch operations in Morocco, local media publication L’Economiste reported. The filing seeks approval for a limited financial services license that would allow the UK-based fintech to operate as a payment provider in the country.
Two-Stage Entry Plan
The company reportedly intends to start with payment services, including quick account opening, fee-free international transfers, and multi-currency cards. Within two years, Revolut plans to apply for a full banking license to expand its range of financial products.
In July, Revolut appointed Amine Berrada as head of Moroccan operations. Berrada, a former Uber operations director for Southern and Eastern Europe, will lead the market entry and oversee growth.
“Revolut is on a mission to build the world’s first truly global financial superapp, and I’m thrilled to contribute to launching and scaling its presence in Morocco,” commented Berrada. “I’m especially proud to be doing this for my home country, helping bring cutting-edge financial services to millions of Moroccans.”
Amine Berrada, Source: LinkedIn
Morocco’s young and digitally active population is a key target for Revolut’s app-based model. If approved, the company plans to introduce additional features such as crypto trading and budgeting tools.
More Expansion Plans
Elsewhere, Revolut is eyeing an entry into China as part of its broader expansion strategy across Asia, according to a recent report, which cited details from a pitch deck the fintech shared with investors last year.
The British fintech is evaluating opportunities around hiring, licensing, and scoping within China, a market of more than 1.4 billion people. However, it faces significant challenges due to the dominance of local payment giants like Alipay and WeChat.
Read more: Revolut Pitched China Expansion to Investors: Report
Recently, Revolut partnered with Ant International, a unit of the company behind Alipay, to facilitate money transfers in Chinese yuan to recipients in China. This partnership aims to tap into the estimated $48 billion in annual remittances sent to the country.
The fintech giant also reinstated its crypto staking services for customers in Hungary following a temporary suspension caused by new government regulations. Revolut had halted most of its cryptocurrency features in Hungary after a law was introduced that criminalizes trading on unlicensed crypto platforms.
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Jeff Patterson of Finance Magnates interviews Constantinos Michailides, Founder and CEO of DGM Tech Solutions, at iFX EXPO International 2025. They explore how DGM supports brokers with trading platform administration, the role of AI in streamlining operations, and how blockchain could transform KYC and AML compliance. The conversation also covers evolving regulatory challenges and the future of financial services infrastructure. #iFXEXPO2025 #DGMTechSolutions #Fintech #TradingPlatforms #Blockchain #AI #KYC #FinanceMagnates 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Jeff Patterson of Finance Magnates interviews Constantinos Michailides, Founder and CEO of DGM Tech Solutions, at iFX EXPO International 2025. They explore how DGM supports brokers with trading platform administration, the role of AI in streamlining operations, and how blockchain could transform KYC and AML compliance. The conversation also covers evolving regulatory challenges and the future of financial services infrastructure. #iFXEXPO2025 #DGMTechSolutions #Fintech #TradingPlatforms #Blockchain #AI #KYC #FinanceMagnates 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Jeff Patterson of Finance Magnates interviews Constantinos Michailides, Founder and CEO of DGM Tech Solutions, at iFX EXPO International 2025. They explore how DGM supports brokers with trading platform administration, the role of AI in streamlining operations, and how blockchain could transform KYC and AML compliance. The conversation also covers evolving regulatory challenges and the future of financial services infrastructure. #iFXEXPO2025 #DGMTechSolutions #Fintech #TradingPlatforms #Blockchain #AI #KYC #FinanceMagnates 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Jeff Patterson of Finance Magnates interviews Constantinos Michailides, Founder and CEO of DGM Tech Solutions, at iFX EXPO International 2025. They explore how DGM supports brokers with trading platform administration, the role of AI in streamlining operations, and how blockchain could transform KYC and AML compliance. The conversation also covers evolving regulatory challenges and the future of financial services infrastructure. #iFXEXPO2025 #DGMTechSolutions #Fintech #TradingPlatforms #Blockchain #AI #KYC #FinanceMagnates 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
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Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025
Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025
Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025
Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025
Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025
Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025
Jeff Patterson of Finance Magnates interviews Kathy Lian, co-founder of BKTraders, at iFX EXPO International 2025. They discuss the explosive growth of the prop trading industry, key takeaways from her book Prop Trading Secrets, evolving funding models, the impact of regulatory scrutiny following the My Forex Funds case, and how geopolitical events are shaping forex market volatility. #iFXEXPO2025 #PropTrading #Forex #FinanceMagnates #TradingStrategies #Regulation #BKTraders 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Jeff Patterson of Finance Magnates interviews Kathy Lian, co-founder of BKTraders, at iFX EXPO International 2025. They discuss the explosive growth of the prop trading industry, key takeaways from her book Prop Trading Secrets, evolving funding models, the impact of regulatory scrutiny following the My Forex Funds case, and how geopolitical events are shaping forex market volatility. #iFXEXPO2025 #PropTrading #Forex #FinanceMagnates #TradingStrategies #Regulation #BKTraders 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Jeff Patterson of Finance Magnates interviews Kathy Lian, co-founder of BKTraders, at iFX EXPO International 2025. They discuss the explosive growth of the prop trading industry, key takeaways from her book Prop Trading Secrets, evolving funding models, the impact of regulatory scrutiny following the My Forex Funds case, and how geopolitical events are shaping forex market volatility. #iFXEXPO2025 #PropTrading #Forex #FinanceMagnates #TradingStrategies #Regulation #BKTraders 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Jeff Patterson of Finance Magnates interviews Kathy Lian, co-founder of BKTraders, at iFX EXPO International 2025. They discuss the explosive growth of the prop trading industry, key takeaways from her book Prop Trading Secrets, evolving funding models, the impact of regulatory scrutiny following the My Forex Funds case, and how geopolitical events are shaping forex market volatility. #iFXEXPO2025 #PropTrading #Forex #FinanceMagnates #TradingStrategies #Regulation #BKTraders 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Jeff Patterson of Finance Magnates interviews Kathy Lian, co-founder of BKTraders, at iFX EXPO International 2025. They discuss the explosive growth of the prop trading industry, key takeaways from her book Prop Trading Secrets, evolving funding models, the impact of regulatory scrutiny following the My Forex Funds case, and how geopolitical events are shaping forex market volatility. #iFXEXPO2025 #PropTrading #Forex #FinanceMagnates #TradingStrategies #Regulation #BKTraders 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Jeff Patterson of Finance Magnates interviews Kathy Lian, co-founder of BKTraders, at iFX EXPO International 2025. They discuss the explosive growth of the prop trading industry, key takeaways from her book Prop Trading Secrets, evolving funding models, the impact of regulatory scrutiny following the My Forex Funds case, and how geopolitical events are shaping forex market volatility. #iFXEXPO2025 #PropTrading #Forex #FinanceMagnates #TradingStrategies #Regulation #BKTraders 📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates. Connect with us today: 🔗 LinkedIn: / financemagnates 👍 Facebook: / financemagnates 📸 Instagram: / financemagnates_official 🐦 X: https://x.com/financemagnates? 🎥 TikTok: https://www.tiktok.com/tag/financemag… ▶️ YouTube: / @financemagnates_official Don’t miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
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Adam Button Talks to Finance Magnates on the ForexLive rebranding to InvestingLive
Adam Button Talks to Finance Magnates on the ForexLive rebranding to InvestingLive
Adam Button Talks to Finance Magnates on the ForexLive rebranding to InvestingLive
Adam Button Talks to Finance Magnates on the ForexLive rebranding to InvestingLive
Adam Button Talks to Finance Magnates on the ForexLive rebranding to InvestingLive
Adam Button Talks to Finance Magnates on the ForexLive rebranding to InvestingLive
ForexLive’s Chief Market Analyst, Adam Button, shares the story behind the most significant shift yet, the move to InvestingLive. In this exclusive interview, Adam discusses why the rebrand is happening, what it means for traders, and how our core mission remains the same: delivering fast, trusted, and intelligent market news. #ForexLive #InvestingLive #MarketNews #TradeCompass #OrderFlowIntel #iFXEXPO2025 #FinanceMagnates #ForexNews #TradingTools #InvestingNews
ForexLive’s Chief Market Analyst, Adam Button, shares the story behind the most significant shift yet, the move to InvestingLive. In this exclusive interview, Adam discusses why the rebrand is happening, what it means for traders, and how our core mission remains the same: delivering fast, trusted, and intelligent market news. #ForexLive #InvestingLive #MarketNews #TradeCompass #OrderFlowIntel #iFXEXPO2025 #FinanceMagnates #ForexNews #TradingTools #InvestingNews
ForexLive’s Chief Market Analyst, Adam Button, shares the story behind the most significant shift yet, the move to InvestingLive. In this exclusive interview, Adam discusses why the rebrand is happening, what it means for traders, and how our core mission remains the same: delivering fast, trusted, and intelligent market news. #ForexLive #InvestingLive #MarketNews #TradeCompass #OrderFlowIntel #iFXEXPO2025 #FinanceMagnates #ForexNews #TradingTools #InvestingNews
ForexLive’s Chief Market Analyst, Adam Button, shares the story behind the most significant shift yet, the move to InvestingLive. In this exclusive interview, Adam discusses why the rebrand is happening, what it means for traders, and how our core mission remains the same: delivering fast, trusted, and intelligent market news. #ForexLive #InvestingLive #MarketNews #TradeCompass #OrderFlowIntel #iFXEXPO2025 #FinanceMagnates #ForexNews #TradingTools #InvestingNews
ForexLive’s Chief Market Analyst, Adam Button, shares the story behind the most significant shift yet, the move to InvestingLive. In this exclusive interview, Adam discusses why the rebrand is happening, what it means for traders, and how our core mission remains the same: delivering fast, trusted, and intelligent market news. #ForexLive #InvestingLive #MarketNews #TradeCompass #OrderFlowIntel #iFXEXPO2025 #FinanceMagnates #ForexNews #TradingTools #InvestingNews
ForexLive’s Chief Market Analyst, Adam Button, shares the story behind the most significant shift yet, the move to InvestingLive. In this exclusive interview, Adam discusses why the rebrand is happening, what it means for traders, and how our core mission remains the same: delivering fast, trusted, and intelligent market news. #ForexLive #InvestingLive #MarketNews #TradeCompass #OrderFlowIntel #iFXEXPO2025 #FinanceMagnates #ForexNews #TradingTools #InvestingNews