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 full banking licence, allowing it to offer accounts for retail and business customers. Continue reading...