Fintech giant Revolut announced on Monday that its subsidiary Revolut Bank S.A. has been granted a full banking licence following a joint assessment by the European Central Bank (ECB) and the French prudential regulator.
The decision was formally adopted by the ECB Governing Council following a comprehensive regulatory review conducted alongside France’s Autorité de Contrôle Prudentiel et de Résolution.
The approval represents a major historic milestone for the company as
