British fintechs are stepping up plans to buy US banks as regulators signal a more relaxed approach to mergers under the Trump administration. UK digital banks Revolut and Starling are weighing acquisitions of nationally chartered banks in the US, which would allow them to be granted American banking licences and lend across all 50 states.
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UK fintechs explore buying US banks to speed up push for licences
“The window is open and it may not stay open — so it would be best to move now,” said David Portilla, a partner specialising in financial institutions at US...
