Tag: Revolut
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Revolutβs New UK Banking Licence: A Game-Changer in Fintech
Revolut, the largest fintech by valuation, has secured a UK banking licence after a three-year regulatory approval process. Granted by the Prudential Regulation Authority, the licence is in the mobilisation stage, allowing Revolut to build its operations under certain restrictions. This stage provides time to finalise IT infrastructure, governance, and risk management frameworks. Revolut can…
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