Revolut's Entry Plans into the Turkey Market and Implementation Process
Within the scope of London-based digital finance platform Revolut's steps toward the Turkey market, its app has appeared in app stores and talks to acquire FUPS are ongoing.
As part of London-based financial technology company Revolut's preparations for the Turkey market, its mobile application has become accessible in app stores, while negotiations to acquire the locally licensed digital bank FUPS remain on the agenda.
Developments in the Turkey Market
Plans and strategic moves regarding the entry of London-based Revolut, which operates in the field of digital finance, into the Turkey market have come to the agenda once again. The preparations carried out by the company for its operations in Turkey are being closely monitored.
Access in App Stores
One of the most concrete steps of Revolut in the Turkey market was taken in April 2026. The company's mobile application became accessible for users in Turkey on the App Store and Google Play Store platforms.
Current Account Opening Status
Despite the application becoming accessible, full-scale account opening and the use of financial services have not yet started for users in Turkey. At this stage, users are primarily able to register for a waiting list.
List of Supported Countries
On Revolut's official support page, Turkey is not listed directly among the countries where new accounts can be opened. The company's list of supported countries includes European Economic Area countries, the UK, the US, Japan, Australia, and certain other markets.
FUPS Acquisition Talks
FUPS stands out as an important option in Revolut's entry strategy into Turkey. It was reflected in the press at the beginning of 2026 that the company was conducting negotiations to acquire the digital bank FUPS in order to operate in Turkey.
Legal Approval and the Course of the Process
There is no finalized acquisition agreement between the parties yet, and it is reported that any potential transaction would be subject to the approval of the Banking Regulation and Supervision Agency. Whether the process will conclude with an agreement remains uncertain.
Global Growth Moves
While Revolut continues its growth on a global scale, it obtained payment services and stored value facility licenses in the United Arab Emirates in 2026. The company also secured a full banking license in France in August 2026.