Following a successful mobilisation period, the PRA has lifted restrictions on Revolut’s banking licence, and given approval to launch its UK bank, Revolut Bank UK Ltd ...
Group lodged application in 2021 but had to overcome accounting issues and reputational concerns ...
Revolut is now an official UK bank, following a four-year struggle to get regulatory approval. What will the move mean for customers, and is Revolut a good home for your cash?
UK neobank Revolut has achieved a full UK banking licence less than a week after submitting an application for a US charter ...
Revolut obtains full UK banking license with £120,000 FSCS deposit protection. Learn how this affects your account, deposits, ...
Digital bank Revolut has reached a transformative milestone in the British market by activating its dedicated UK banking license.
Revolut has around 13mn customers in the UK, a long way short of the more than 20mn at Lloyds, Barclays and NatWest. HSBC, ...
The UK-based startup hit a valuation of $75 billion in 2025 and is one of Europe's most valuable private tech companies.
The Bank of England's Prudential Regulation Authority has lifted restrictions on Revolut's banking licence, giving its approval to launch its UK bank.
Revolut Bank UK has been given the green light by the Prudential Regulation Authority to move forward from its mobilisation phase, allowing it to operate as a fully licenced bank in the UK. This ...
The move is a major step in Revolut's goal to become a global digital bank, though services like crypto and stock trading remain separate.
Revolut Bank UK Ltd has received regulatory approval from the Prudential Regulation Authority (PRA) to exit the mobilisation phase, and launch as a bank in the UK. The launch comes with an existing ...