Revolut is reportedly preparing to enter South Africa, with plans to launch in the country by 2028, according to an interview published by Bloomberg News. The reports say Revolut’s waitlist for South Africa is approaching 100,000, reflecting growing demand for its services. The company describes South Africa as a strategic entry point into Africa’s broader market and indicates it intends to expand further across the continent after establishing a presence there.
Both outlets frame the development as part of Revolut’s longer-term international growth, rather than an immediate launch. The timing—around two years from now—suggests the firm is in an early expansion phase that includes building interest among potential customers before service availability begins. While the reports focus on the waitlist size and the stated 2028 target, they do not provide additional details in the excerpts about regulatory approvals, product rollout stages, or specific service offerings for South African users.
