British fintech Revolut gets full banking licence
Group lodged application in 2021 but had to overcome accounting issues and reputational concernsRevolut can finally launch as a fully-fledged UK bank after a five-year wait for regulatory approval.The fintech said it has received the all-clear from the Prudential Regulation Authority (PRA) for a...
<p>Group lodged application in 2021 but had to overcome accounting issues and reputational concerns</p><p>Revolut can finally launch as a fully-fledged UK bank after a five-year wait for regulatory approval.</p><p>The fintech said it has 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.</p> <a href="https://www.theguardian.com/business/2026/mar/11/british-fintech-revolut-gets-full-banking-licence">Continue reading...</a>
Read the full article at:
The Guardian World →