Revolut is expanding in Europe without needing additional banking licenses, according to CEO Béatrice Cossa-Dumurgier. The neobank, with over 65 million customers, holds a full license in Lithuania and plans to apply for a French banking license to better localize its offerings. Cossa-Dumurgier emphasizes the importance of compliance and trust in banking, noting that Revolut is increasingly becoming the primary bank for its customers. The company advocates for unified financial regulations in Europe and is considering a dual IPO in New York and London.