banking licence

2 articles tagged "banking licence"

Fintech

Revolut Receives Full UK Banking License After 5-Year Wait

British fintech Revolut has finally secured unrestricted banking authorization from UK regulators after a lengthy approval process that began in 2021. The company will begin offering current accounts to select customers immediately and plans to expand into lending and mortgages.

11 Mar 2026

Fintech

Avenue Bank Receives Full Banking License, Aims to Support Small Businesses

Australia's Avenue Bank has secured a full banking license from APRA, focusing on offering swift bank guarantees for small enterprises. This move could revitalize the neobank sector amidst previous industry challenges.

4 Mar 2024