A deal, which must be approved by Turkish authorities, would open the door for Revolut to market its payment services in Turkey. No definitive decision has been made, the sources said.
A spokesperson for Revolut declined to comment on "market rumors or speculation." FUPS declined to comment on the information.
Last fall, Revolut announced that it would open a Stockholm office, with the ambition to increase the Nordic customer base from two to three million users.
Unlisted Revolut was valued at $75 billion in a funding round at the end of 2025. This compares with Klarna's valuation as listed on the New York Stock Exchange of just over $11 billion.
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