Revolut Launches UK Bank With Full Regulatory Clearance

TLDR Revolut received full approval to operate as a licensed bank in the United Kingdom after the PRA lifted restrictions. Revolut will begin a phased rollout of current accounts, starting with a small group of customers. Deposits in the new UK bank will receive protection up to £85,000 under the Financial Services Compensation Scheme. Revolut [...]

The post Revolut Launches UK Bank With Full Regulatory Clearance appeared first on Blockonomi.