Move paves way for fintech firm to hold customers’ deposits and offer own-branded loans, including mortgages
Revolut has secured a UK banking licence – with “restrictions” – more than three years after Britain’s most valuable fintech firm lodged its application with regulators.
It is a milestone for the company, though it may still be some time before it can hold its customers’ deposits.
Continue reading…Move paves way for fintech firm to hold customers’ deposits and offer own-branded loans, including mortgagesRevolut has secured a UK banking licence – with “restrictions” – more than three years after Britain’s most valuable fintech firm lodged its application with regulators.It is a milestone for the company, though it may still be some time before it can hold its customers’ deposits. Continue reading…