Revolut Now Bigger Than Barclays as UK Banking License Unlocks FSCS Protection

Valued at $115 billion privately

Revolut has been granted a full UK banking license in March 2026, making deposits FSCS-protected for the first time. The fintech giant is now valued at $115 billion and launching mortgages, a mobile network at £12.50/month, and commission-free ETF investing.

Why it mattersFull UK banking protection plus new mortgages make it a genuine high-street alternative.