# Revolut Nubank Target US Banking Market

> Revolut and Nubank aim to dominate US banking but face steep competition.
- Title: Revolut Nubank Target US Banking Market · Pymnts | Shortify
- Summary: Revolut and Nubank aim to dominate US banking but face steep competition. Revolut and Nubank seek US banking market entry amid regulatory hurdles and…
- Keywords: revolut, nubank, us banking, digital banking, fintech, regulatory approval, ipo, business, finance, Target, Banking, Market
- Source: Pymnts — https://pymnts.com/news/banking/2026/revolut-nubank-face-steep-climb-scaling-united-states-banking
- Author: PYMNTS
- Published: 2026-09-23T14:46:34+00:00
- Read time: 1 min
- Topics: revolut, nubank, us banking, digital banking, fintech, regulatory approval, ipo, business, finance
## US Banking Ambition
Revolut and Nubank want to conquer the United States.
## Regulatory Approval
Both got conditional us banking charters this year.
## Market Challenges
They face intense competition from community banks and wall street giants.
## Valuation Pressure
Revolut needs to justify $115 billion valuation before 2028 ipo.
## Gen Z Focus
Gen z consumers drive digital banking with 425 activity days monthly.
## Next Steps
Both aim to scale us banking despite regulatory hurdles.
## Key takeaway

Revolut and Nubank seek US banking market entry amid regulatory hurdles and competition.