Bitcoin

<ul><li>Revolut obtains a UK banking license after a comprehensive three-year regulatory process.</li><li>Fintech giant plans expansion with current discussions to boost valuation to around $40 billion.</li><li>Revolut intensifies crypto offerings, launching “Revolut X” exchange and partnering with MetaMask.</li></ul>Revolut, a prominent fintech firm that endorses cryptocurrency trading, has successfully <a href="https://techcrunch.com/2024/07/25/revolut-receives-much-awaited-uk-banking-license/?guccounter&#61;1&amp;guce_referrer&#61;aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&amp;guce_referrer_sig&#61;AQAAAJ7o85Hzt7pWFbe6TIzDfoVA5m4fNqdpZTXHBQveUTUzBSLSXPZh-d9c05hWnMGbn5QxuI42KlIf1uR6aX6K_psZyAn2Yhuo9K5GNdPQXT6MeIeQvp1sR44nzgiQo-UxN1Jb01plCE0i2NY41nrOB-PWpeYvHMq6-gc9V210w5lC#:~:text&#61;%E2%80%9CWe%20are%20incredibly%20proud%20to,change%20overnight%20for%20Revolut&#39;s%20customers." rel="noopener noreferrer nofollow">obtained</a> a banking license in the United Kingdom after navigating a rigorous three-year regulatory approval process. The license, granted by the UK’s Prudential Regulation Authority, marks a major step for Revolut as it aims to expand its banking operations in its home market, starting with limited operations leading to a full-scale launch.Company ExpansionFounded in 2015, Revolut has seen rapid growth, boasting nine million registered users in the UK and over 45 million globally. The company operates in 35 countries and was valued at $33 billion during a fundraising round in 2021. Recent discussions about selling shares worth approximately $500 million could boost its valuation to around $40 billion, further establishing Revolut as one of Europe&#39;s top startups.Nik Storonsky, CEO of Revolut, expressed his pride in the achievement, committing to make Revolut the bank of choice for UK customers. Daniel Waterhouse, a general partner at Balderton Capital, which led Revolut’s Seed and Series A rounds, noted that the license is a testament to the firm&#39;s quality, organization, and leadership.<a href="https://cryptotale.org/revolut-secures-uk-banking-license-sets-stage-for-expansion/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Revolut Secures UK Banking License, Sets Stage for Expansion

CryptoTale

Други статии, публикувани на 26.07.2024 г.

Do Dogecoin and Shiba Inu Still Have It? Experts Predict the Next 10,000% Surge Stories in These ...

Twitter Removes Bitcoin Hashtag, Prompting Speculation on Crypto Stance

Jito Releases Open-Source Restaking Service For Solana

Bitcoin: Miners Attacking the Energy Market

PEPE’s upcoming rally – Are you right to be confident in the memecoin?

ETH ETF Bills $1 Billion On Opening Day Trading, Celestia (TIA) Sheds 10%, Whales Ride The Profit...

Присъединете се към нашия безплатен бюлетин за ежедневни крипто актуализации!