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.

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