Revolut Secures UK Banking License, Begins Mobilization Phase

After years of anticipation, Revolut has secured a UK banking license, marking a significant milestone for the fintech firm. The license issued by Prudential Regulation Authority (PRA) comes with certain riders, placing Revolut in a “mobilization” phase, also known as ‘Authorisation with Restrictions, which is a standard procedure for new banks in the UK. For The post Revolut Secures UK Banking License, Begins Mobilization Phase appeared first on Coin Edition .

Source: Coin Edition