Revolut has appointed Cetin Duransoy as its chief executive for the United States, effective March 2026, as the London-headquartered fintech company pursues a US banking licence.
Duransoy served most recently as chief executive of Raisin US, the American arm of the savings marketplace that connects savers with deposit products from partner banks and credit unions, before which he held senior positions at Capital One and Visa.
US BANK CHARTER APPLICATION
Duransoy's appointment was announced alongside Revolut's application to the OCC and FDIC for a US national bank charter, an authorisation that would allow the company to accept federally insured deposits and offer lending products directly to American consumers without depending on banking-as-a-service partnerships with third-party chartered institutions. Revolut has applied to the Office of the Comptroller of the Currency for a national bank charter and to the Federal Deposit Insurance Corporation for deposit insurance, for a proposed Revolut Bank US, N.A.
Duransoy succeeds Sid Jajodia in the US chief executive role, with Jajodia moving to the role of Revolut's global chief banking officer.