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Revolut has finally secured a full UK banking licence from the Bank of England’s Prudential Regulation Authority. The approval enables Europe’s most valuable fintech to lend at scale in its home market and introduce a full suite of banking products to its 13m UK customers.
“Launching our UK bank has been a long-term strategic priority for Revolut . . . We look forward to introducing a full suite of banking services to our millions of UK customers, bringing the same innovative experience we already provide across the rest of Europe"
https://www.ft.com/content/b4df4126-351e-4424-9707-8a12ca6b79a6
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