Revolut plans Philippines unit for digital banking

Revolut is reviewing corporate structures and licensing options under Bangko Sentral ng Pilipinas rules to launch a digital banking unit in the Philippines. The move would expand the fintech's banking services into the local market.

• Revolut plans a Philippines unit for digital banking services
• Licensing will follow Bangko Sentral ng Pilipinas rules
• The company is reviewing corporate structures before launch