Revolut gets full UK banking licence after years-long wait

Source: Reuters (via feed)




Britain’s Revolut said on Wednesday that regulators had lifted restrictions on its UK banking licence. This change allows the fintech firm to launch as a bank in the UK. It ends a years-long wait for Revolut to start offering current accounts to UK customers. Before this, Revolut operated with restrictions on its licence.

BizTrendWire Insight:

Revolut’s full UK banking licence allows it to offer current accounts to customers in Britain.


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