Uk Banking License news and trends

Revolut Granted Permission to Delay Filing 2022 Accounts
Regulation // 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 an extension, Reuters reported Tuesday (Sept. 19). The company will announce the audit and annual report at...

Revolut Claims Profitability as UK Banking License Hangs in Balance
Digital Banking // February 19, 2023

British FinTech Revolut could be a step closer to getting its U.K. banking license. The company this week is expected to sign off on its 2021 financial accounts as part of an audit, a Revolut spokesperson told PYMNTS Sunday (Feb. 19). “Our accounts are finalized...

Quick Reads
Revolut’s Size Draws Regulatory Attention in UK Banking License Process

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 […]

Revolut Granted Permission to Delay Filing 2022 Accounts

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...

Revolut Claims Profitability as UK Banking License Hangs in Balance

February 19, 2023
British FinTech Revolut could be a step closer to getting its U.K. banking license. The company this week is expected to sign off on its 2021 financial accounts as part...