Why Revolut needs a banking licence


It’s all about the difference between an emoney provider and a bank … I’ve been having an ongoing debate with a Revolut fan about the fact that they have an emoney licence, as an EMI (Electronic Money Institution), and that they are not a bank in Britain. It’s part of the ongoing debate about their…

The post Why Revolut needs a banking licence appeared first on Chris Skinner’s blog.


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