Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
Versuchen GOLD - Frei
Tech giant Revolut gets banking licence... finally
Evening Standard
|July 25, 2024
REVOLUT today ended a painful threeyear wait to secure a British banking licence in a breakthrough moment for Britain’s biggest fintech, paving the way for major expansion.
The Canary Wharf-based business, which first applied for a licence back in 2021, received confirmation of the verdict from the UK’s Prudential Regulatory Authority, allowing the company to offer a range of new financial services to compete with the biggest high street banks.
The $45 billion firm said it will now enter the “mobilisation” stage before obtaining a full licence, during which time banks can only hold £50,000 of total customer deposits. According to the Bank of England, mobilisation “could take as little as a few months but cannot continue indefinitely and should take no longer than 12 months.”
Revolut obtained a banking licence in Lithuania in December 2021 and is also regulated by the European Central Bank.
Diese Geschichte stammt aus der July 25, 2024-Ausgabe von Evening Standard.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Evening Standard
The London Standard
The philosopher who says big tech has got it wrong on superintelligence
Where does science end and philosophy begin?
2 mins
January 15, 2026
The London Standard
The bitter battle over the future of Truman Brewery
A £500m redevelopment plan is pitting Labour's data-centre ambitions against Brick Lane's heritage and a desperate need for housing — it's a political powder keg.
5 mins
January 15, 2026
The London Standard
Goldin's family album is as radical as ever
Diaries are irresistible to the nosy, an artist's one even more so. They are portals into another person's life in another time.
3 mins
January 15, 2026
The London Standard
Bathroom confidential: inside the calming sanctums of London's top hair and beauty experts
Fancy your own private ritual space at home? Then take a few tips from these masters of elegant self-care.
6 mins
January 15, 2026
The London Standard
Revival of an American classic is a luridly weird study in power dynamics
A study of two damaged brothers whose lives are disrupted by an outsider, Lyle Kessler's blend of absurdism and realism could be a Philadelphia-set companion to Pinter's The Caretaker.
1 mins
January 15, 2026
The London Standard
Ex-tennis star Andy Murray celebrates at Nobu, shops at Whole Foods and dates at... McDonald's
The Tube has become so much easier for me now people don't look up from their phones
3 mins
January 15, 2026
The London Standard
London's hottest postcodes
THE NEIGHBOURHOODS WHERE DEMAND FOR HOMES IS AT FEVER PITCH. BY ANNA WHITE
3 mins
January 15, 2026
The London Standard
How to style out your great winter escape
Whether it's swimming, skiing or sandalling, here's every label you need to know for a super-chic holiday wardrobe update
3 mins
January 15, 2026
The London Standard
Pilates queen Bryony Deery
The mind-body expert has a morning ritual, but with soundbaths and sleep supplements her evening routine is where it gets serious
3 mins
January 15, 2026
The London Standard
My adult gap year changed my life — I fell in love with the whole crazy world again
didn't imagine I'd meet the man I would marry in a queue for the long drop on the side of a mountain in Peru.
4 mins
January 15, 2026
Listen
Translate
Change font size