Revolut banking licence bid goes down to the wire as key deadline looms July 8, 2025 Revolut is facing a fresh regulatory headache in the UK amid mounting expectations it may miss a key deadline in the ongoing process to become a fully operational bank. The digital banking juggernaut received the green light for its UK banking licence from Britain’s banking watchdog last year after a three-year wait, which triggered a 12-month [...]
Starling Bank sets sights on US expansion June 26, 2025 Starling Bank has set its sights across the Atlantic for future growth prospects as the UK fintech eyes a US banking licence or entering the market through an acquisition. The neobank took a £223m hit to profit in 2024, down from £301m in the previous year and has since scouted endeavours overseas to boost its [...]
Bank Aston to be first locally licensed Guernsey bank in 30 years June 12, 2025 Bank Aston has secured a banking licence from the Guernsey regulator that will make it the first locally licensed bank in the jurisdiction within 30 years. Bank Aston positions itself as a specialist provider for offshore trustees, investment funds, and family offices, which are key sectors in the Channel Islands’ financial services industry. The firm [...]
Revolut’s long wait for a banking licence finally comes to an end July 25, 2024 After more than three years, Revolut’s wait for a banking licence is finally over after it received authorisation from the banking watchdog.