Revolut's size concerns UK banking regulators.
BANKING AND CREDIT NEWS-October 23, 2023--Revolut's size concerns UK banking regulators
(C)2023 M2 COMMUNICATIONS http://www.m2.co.uk
Global Banking News - 23 October 2023
Regulators in the UK are concerned with the size of London-based fintech, Revolut, Pymnts has reported.
The firm, which had applied for a license in the UK in 2021, has been facing several hurdles in its quest for clearance. One of the many factors is its size, as the firm nearly has eight million customers in the UK. Financial...
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