The Telegraph, RevolutBank of England’s banking license application ( BoE) stated that it would be rejected by
Fintech and Neobank initiative Revolutmay be facing a serious hurdle in their ventures in the crypto space. The Telegraph According to a report by Revolut, the banking license that Revolut has been chasing for a long time in the UK may collapse. UK-based media outlet BoE’He stated that he intends to reject the company’s application.
Revolut’s Banking License Application May Not Be Approved
Gaining popularity with its moves towards the crypto industry neobankplatform Revolutmay be facing a problem in the UK.
Revolut, may run into trouble with the banking license that he has been working on for a long time and finally applied for. the telegraphthe Bank of England ( BoE) stated that he did not take kindly to this application.
London The headquartered organization was seeking approval from regulators for licensing in order to increase its work in the UK. Hundreds of millions of dollars of investments behind it Revolut is known as one of the largest Fintech companies in Europe. Revolut’s UK banking license application was rejected, the telegraphposed by.
the telegraph, this reversal Rishi AltarHe also stated that he could strike a blow to the administration.
