The Australian Prudential Regulation Authority has granted Revolut Payments Australia Pty Ltd a licence to operate as an authorised deposit-taking institution under the Banking Act 1959. At the same time, APRA licensed Revolut Australia NOHC Pty Ltd as a non-operating holding company under the same Act. APRA’s updated public registers now include Revolut Payments Australia on its list of authorised deposit-taking institutions and Revolut Australia NOHC on its list of non-operating holding companies.