Revolut CEO assured on United kingdom financial institution license acceptance as fintech business hits file $545 million financial gain

Revolut CEO assured on United kingdom financial institution license acceptance as fintech business hits file 5 million financial gain

Essential Factors

Nikolay Storonsky, Revolut’s CEO and co-founder, claimed the business is sensation confident about securing its British lender license “soon”, right after overcoming some key hurdles.
Revolut initial used for a U.K. banking license in 2021, but it has confronted lengthy delays.
Revolut introduced once-a-year accounts Tuesday showing its total-12 months pre-tax revenue rose to $545 million in 2023 the organization cited solid person expansion and revenue diversification.

Supply

Finance

Early Revolut backer invests in AI-focused finance software startup Light

September 25, 2025

Key Points Light, a Danish financial software startup, told CNBC it has raised $30 million in a Series A funding round led by Balderton Capital. Founded in 2022, Light’s software uses artificial intelligence to automate businesses’ accounting, bookkeeping and financial reporting. The startup recently opened an office in London and is planning to open one […]

Finance

Day trading is about to get easier for smaller retail investors

September 24, 2025

In this article HOOD Follow your favorite stocksCREATE FREE ACCOUNT A graph displaying the Apple stock price on a smartphone app. Jaap Arriens | Nurphoto | Getty Images Regulators are moving to dismantle one of the most controversial barriers for active retail traders — the $25,000 minimum equity rule for pattern day trading. The Financial […]

Finance

Stocks making the biggest moves midday: Alibaba, Lithium Americas, Freeport-McMoRan, UniQure and more

September 24, 2025

Check out the companies making headlines in midday trading: Freeport-McMoRan — The mining company’s stock tumbled nearly 12% after it declared force majeure at its Grasberg mine in Indonesia. Freeport halted activity at the mine earlier this month after a mud rush led to a fatal accident. In addition, the company warned consolidated sales for […]