United Arab Emirates · Payments & e-money
Revolut Stored Value Services L.L.C
Revolut Stored Value Services L.L.C is a limited liability company based in Dubai. The Central Bank of the UAE (CBUAE) licenses it as a Stored Value Facility and as a Retail Payment Services provider (Category II). The firm belongs to the Revolut group, headquartered in London. Revolut says the UAE service will offer multi-currency accounts, physical and virtual cards, and local and international transfers through its app. The CBUAE gave in-principle approval in September 2025 and granted the licences in June 2026.
Licences and registrations
Held by Revolut Stored Value Services L.L.C. 2 entries on 2 of the 22 tracked registers, retrieved 24 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| CBUAE Register of Licensed Financial Institutions - Retail Payment ServicesCentral Bank of the UAE (CBUAE) | Retail Payment ServicesPayment Institution | 08.01.02.033.2026.02 | United Arab Emirates | Active | — | — |
|
Search the register ↗ |
| CBUAE Register of Licensed Financial Institutions - Stored Value FacilityCentral Bank of the UAE (CBUAE) | Stored Value FacilityE-Money / Stored Value Institution | 05.01.01.020.2026.02 | United Arab Emirates | Active | — | — |
|
Search the register ↗ |
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
Swift network
Swift’s ISO 9362 BIC directory
Holds no BIC in Swift’s directory. No LEI is matched to this entry, and BICs are linked by LEI only.
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Group subsidiary
Firm type
E-money and accounts
Trades as Revolut
- Standing
- The Central Bank of the UAE granted the firm its licences in June 2026, following in-principle approval in September 2025. As of September 2026 Revolut had not launched accounts for UAE residents and had announced no public launch date.
- Ownership
- The firm is the Revolut group's UAE stored value and payments entity. Its direct shareholder and shareholding percentages have not been published.
- Head office
- Dubai, United Arab Emirates
- Name in the local language
- ريفلوت لخدمات القيمة المخزنة ش.ذ.م.م
Online
- Websites & references
- revolut.com ↗
- Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · TikTok ↗
Sources · 7 pages consulted
- centralbank.ae/media/hw0lreyi/cb-register-august-2026.pdf
- revolut.com/news/revolut_obtains_approval_for_stored_value_facilities_and_retail_payment_services_lic
- revolut.com/news/revolut_secures_in_principle_approval_for_uae_payments_licence_accelerating_expansio
- help.revolut.com/help/more/legal-topics/which-revolut-companies-provide-me-with-services/
- revolut.com/news/revolut_receives_in_principle_approval_to_provide_crypto_services_in_uae/
- arabianbusiness.com/abnews/revolut-uae-market
- gulfbusiness.com/en/2026/finance/revolut-receives-uae-central-bank-payment-licences-as-it-prepares-market-
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The Central Bank of the UAE licenses the firm as a Stored Value Facility and as a Category II Retail Payment Services provider.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Central Bank of the UAE (CBUAE) United Arab Emirates | Stored Value Facility | 05.01.01.020.2026.02 | In its own name | Active | centralbank.ae ↗ |
| Central Bank of the UAE (CBUAE) United Arab Emirates | Retail Payment Services (Category 2) | 08.01.02.033.2026.02 | In its own name | Active | centralbank.ae ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Products and markets
Researched 29 Sep 2026 · Sources
The firm had no live UAE product as of September 2026. Revolut says the planned offer covers multi-currency accounts, physical and virtual cards, and local and international transfers, initially for individual customers.
Its CBUAE licences authorise it to operate in the United Arab Emirates, where its services had not yet launched by September 2026.
- Serves customers in
- United Arab Emirates
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Ambareen Musa GCC CEO at Revolut
Recent events
Researched 29 Sep 2026 · Sources
-
Licence
The Central Bank of the UAE granted the firm Stored Value Facility and Category II Retail Payment Services licences.
revolut.com ↗ -
Licence
The Central Bank of the UAE gave in-principle approval for Revolut's Stored Value Facility and Retail Payment Services licences.
revolut.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
- Licence no. · CBUAE-RPS
- 08.01.02.033.2026.02
- Licence no. · CBUAE-SVF
- 05.01.01.020.2026.02
- BIC
- Holds no BIC in Swift’s directory
- LEI
- No LEI mapped
- Elucidate firm ID
- b1e34a57a621
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Main licence class
- E-Money / Stored Value Institution
- Activities
- Payment services
- E-money / stored value
- Licensed in
- United Arab Emirates · Middle East & North Africa
- First registered
- Not published
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
No LEI is matched to this entry, so GLEIF relationship records cannot be linked.
Addresses
- Address on the register
- Dubai
- Country
- United Arab Emirates
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code.
- Identified by
- Name and postal address. No LEI or clearing code is mapped in the directory
- Postal address
- Structured: town and country
<FinInstnId>
<Nm>Revolut Stored Value Services L.L.C</Nm>
<PstlAdr>
<TwnNm>Dubai</TwnNm>
<Ctry>AE</Ctry>
</PstlAdr>
</FinInstnId>CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent.
The values are as published by the register. Check them against your own records before use.
Sources & method
Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI.
An institution missing from these registers is not necessarily unregulated.
Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Registers for this page
- CBUAE Register of Licensed Financial Institutions - Retail Payment Services—Central Bank of the UAE (CBUAE) · source ↗ as at 24 September 2026
- CBUAE Register of Licensed Financial Institutions - Stored Value Facility—Central Bank of the UAE (CBUAE) · source ↗ as at 24 September 2026
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
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