revolut

Revolut has applied for regulatory approval in Morocco, aiming to disrupt the country’s banking sector with mobile-first, zero-fee financial services. With €41B valuation, 60M users, and strong profitability, the neobank sees Morocco as a strategic MENA gateway following its South Africa launch.

Revolut is entering Morocco with payments and FX services first, aiming for a neobank license within two years. It has appointed a local lead and is building a 60-person team. The move aligns with its European expansion and aims to drive digital finance transformation in Morocco.