British FinTech company Revolut has reportedly been granted permission to delay filing its 2022 accounts for the second consecutive year. The filings were originally due on Sept. 13, but Revolut has received an extension, Reuters reported Tuesday (Sept. 19). The company will announce the audit and annual report at...
J.P. Morgan Chase & Co. has boosted its stake in Brazilian digital bank C6 Bank from 40% to 46%. The financial terms of the deal were not disclosed, Reuters reported Tuesday (Aug. 29), citing a statement released by the banks. This expanded investment comes after J.P. Morgan initially bought...
October 22, 2023
Revolut continues to navigate the complexities of obtaining a banking license in the United Kingdom. The digital banking services provider has encountered various challenges and delays in its regulatory journey, but remains committed to close collaboration with regulators and maintains hope for eventual license approval, the Financial Times (FT) reported Saturday (Oct. 21). Revolut initially applied for the […]
September 19, 2023
British FinTech company Revolut has reportedly been granted permission to delay filing its 2022 accounts for the second consecutive year. The filings were originally due on Sept. 13, but Revolut has received...
August 29, 2023
J.P. Morgan Chase & Co. has boosted its stake in Brazilian digital bank C6 Bank from 40% to 46%. The financial terms of the deal were not disclosed, Reuters reported Tuesday (Aug. 29), citing...
