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Sunday, January 16, 2022
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Revolut Bank has been granted a full banking license in Lithuania

Revolut has finally become a full-fledged bank in Europe due to a banking license issued by the European Central Bank (ECB).

Revolut seeks Australian banking license

Digital bank Revolut is seeking yet another banking license, now it has applied in Australia.

Revolut applies for US banking license

After a year of Revolut's US launch, the digital bank has applied for a banking license in the country.

Challenger bank Revolut leaves Canada

Revolut decides to leave Canada after not managing to exit beta since 2019.

Challenger bank Revolut applied for UK banking license

Revolut has submitted an application for a banking license to the U.K. Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA).

Revolut nominates Richard Holmes to oversee its UK bank license application

Challenger bank Revolut applied for UK banking license and ex-Standard Chartered chief Richard Holmes is supposed to aid the process.

Zopa secures long-awaited UK banking licence

British P2P lender Zopa has just launched a new digital bank after being granted a full UK banking licence.

Monzo applies for US banking licence

The digital challenger submitted the application on Monday. For a US banking licence to be approved, it could take up to two years for Monzo's application.

Revolut seeking UK banking license because of Brexit

Revolut is preparing to submit a banking license application to the Bank of England and hopes to secure it before the end of the year.
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Revolut is launching as a bank in 10 more European countries

This means the London-based digital bank is now offering deposit protection of up to € 100,000 to local customers in the particular markets.

Starling has stopped advertising on Facebook and Instagram

The CEO Anne Boden says the company won’t advertise on Facebook or Instagram ‘alongside scammers who are going after the savings of our customers.

Commodities trading now enabled by Revolut for Singapore users

The Monetary Authority of Singapore (MAS) has given permission to Revolut to allow customers to trade gold and silver on its platform.

Tencent takes stake in Monzo Bank

The tech giant from China Tencent has taken a minor stake in Monzo Bank after joining Monzo's latest funding round.