pra
3 articles tagged "pra"
Revolut Secures Full UK Banking License, Plans £3bn Investment
Revolut Bank UK has received approval from the Prudential Regulation Authority to operate as a fully licensed bank, serving its 13 million UK customers. The milestone enables the fintech giant to offer protected deposits and potentially expand into lending services.
Revolut Secures Full UK Banking License After Years-Long Wait
London-based fintech Revolut has finally received full regulatory approval to operate as a bank in the UK after a lengthy process that began in 2021. The company will now begin rolling out current accounts and expanding its product suite beyond its existing services.
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.