The Reserve Bank of New Zealand announced on Tuesday that it has completed the registration of Revolut Bank New Zealand, enabling the company to offer banking services within New Zealand. The entity is part of the Revolut group, whose ultimate parent company is London-based fintech firm Revolut Group Holdings. According to the Reserve Bank of New Zealand, the company has been operating in New Zealand as a financial services provider since July 2023; with this license, it becomes the country's 27th registered bank.