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Revolut Seeks Banking License in Australia

London-headquartered Revolut is considering obtaining a banking license in Australia when the fintech is already waiting for the same in the United Kingdom since 2021. The license would take the platform closure to allow clients "manage their entire financial lives." "A bank licence is still very much part of our plans," Matt Baxby, the CEO of Revolut's Australia business, told The Australian in an interview. "To be held to that regulatory standard would give our consumers confidence for the lon... Read More

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Revolut

Seeks

Banking

License

Australia

Forex

Posted: May 18 2023, 09:11

Author Name: financemagnates

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