The European Central Bank once halted some of Revolut's new businesses over concerns of too fast product approval.

Due to concerns about the rapid approval process of new products by Revolut, the European Central Bank took action last year to restrict its business operations, imposing multiple regulatory constraints on the European division of this European financial technology company with the highest valuation. According to sources familiar with the matter, last summer, the ECB temporarily suspended the European division's permission to launch new products in the European Economic Area, requiring them to rectify various loopholes in their approval process, and ordering Revolut to commission a third-party organization to conduct a comprehensive review of the risk control, compliance, and legal systems related to the launch of new products in the European region. The restrictions on this European division are even stricter outside of Europe, prohibiting them from conducting mergers and acquisitions and expanding new customers outside of mainland Europe. A person close to the company stated that since last summer, Revolut has optimized its internal product launch process and strengthened the internal professional team's review process for new projects. It is currently unclear whether all the restrictions have been completely lifted or if some are still in effect. However, in the past year, Revolut has launched multiple new businesses such as mortgage loans, youth accounts, and physical branches in several locations in Europe, and its customer base continues to expand. According to sources, Revolut is currently undergoing a new round of equity financing, with a latest valuation of $115 billion. If successful in going public, its market value would rank seventh among European banks, surpassing Barclays Bank, BNP Paribas, and CaixaBank.