Business · 10 August 2026
Revolut gets a new European banking licence after issues with regulators
Boubloub via Wikimedia Commons (CC-Zero)
French authorities approved the permit, allowing the $75bn digital bank to target customers across France before expanding into Germany and Spain. This approval arrives a year after the European Central Bank banned the firm from launching fresh services across 27 nations. Watchdogs had ordered an outside review into how the company managed its risks, forcing the London-based business to improve its internal checks.
Reported by City AM · How we write briefs