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

Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most

August 23, 2025

It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a weekly loss at Thursday’s close. But a day later, Federal Reserve Chairman Jerome Powell came through, hinting at possible interest rate cuts ahead. His speech on Friday at the central bank’s economic symposium in Jackson […]

Finance

This under-the-radar ETF trend may be flashing a warning signal for the market

August 23, 2025

ETF Edge This under-the-radar ETF trend may be flashing a warning signal for the market Published Sat, Aug 23 202511:00 AM EDT Anna Gleason@anna_gle WATCH LIVE Source

Finance

Here’s what current and former Fed officials are saying about Lisa Cook investigation

August 22, 2025

Key Points Current and former Federal Reserve officials have offered their thoughts about the Trump administration’s recent mortgage fraud allegations toward Fed Governor Lisa Cook. Former Boston Fed President Eric Rosengren told CNBC on Friday that “until there’s some facts out, I don’t think people should draw any conclusion,” while others such as Cleveland Fed […]