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Chronicles

The story behind the story

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Revolut secures a UK banking license, ending a more-than-three-year-long regulatory battle; the London-based fintech has ~9M UK customers and 45M+ globally

London-based fintech receives approval from regulators in boost to expansion plans  —  Revolut has secured a UK banking licence …

Financial Times Akila Quinio

Discussion

  • @alexfmac Alex Macdonald on x
    Congratulations to the Revolut team. It's great to see a UK startup reach these heights. Strange framing and photo choice from the press though.... Not surprised at this point. https://www.ft.com/...
  • @hkanji Hussein Kanji on x
    It finally happened. Strength to strength. Revolut is now authorized with restrictions as a UK bank https://www.linkedin.com/...
  • @dadaben_ Benjamin Dada on x
    Omo, Revolut don finally get banking licence. They were last valued at $33Bn and were looking for a valuation of $40Bn to sell shares worth $500M. With this licence, I expect the $40Bn valuation to be easily surpassed. https://www.ft.com/...
  • r/Revolut r on reddit
    We did it, honeybee.  Revolut finally gets UK banking license