British fintech Revolut gets full banking licence
Group lodged application in 2021 but had to overcome accounting issues and reputational concerns
Revolut can finally launch as a fully fledged UK bank after a five-year wait for regulatory approval.
The fintech said it had received the all-clear from the Prudential Regulation Authority (PRA) for a full banking licence, allowing it to offer accounts for retail and business customers. Continue reading...
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