Fintech giant Revolut authorized to become a UK Bank

Revolut, the crypto-friendly fintech giant, said Thursday it secured a UK banking license with restrictions from the Prudential Regulation Authority (PRA), the regulator overseeing the UK banking sector.The license will allow Revolut to operate as an authorized bank, offering new services like loans and mortgages in its home market. However, since it's still in the "mobilization stage," a... source: https://cryptobriefing.com/revolute-becomes-uk-bank/