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Revolut CEO: Growing Without Banking License Was ‘Wrong Decision’

November 20, 2024
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Revolut CEO: Growing Without Banking License Was ‘Wrong Decision’

November 20, 2024
Is U.K. FinTech startup Revolut pursuing a banking license in the U.S? CEO Nik Storonsky reportedly hinted as much when speaking to an audience of investors in Helsinki, Finland, on Wednesday (Nov. 20), noting that the U.S. market is more credit card-centic, making it tougher to compete without that option. “In the U.S., you need […]