Revolut Secures Key European Banking Licence, Unlocks $115B Fintech Expansion

Revolut has finally secured a full banking licence from the European Central Bank, via its French subsidiary, ending a year of regulatory friction that had frozen its product launches across the continent. This green light allows the $75bn UK fintech giant to formally begin rolling out its full suite of banking services in France, with Germany, Ireland, Italy, Portugal, and Spain set to follow in rapid succession. The licence arrives alongside a secondary share sale that values...