Revolut is applying for a European banking license to become a true bank

 It’s hard to believe that fintech startup Revolut still doesn’t have a proper banking license. Many users will tell you that Revolut’s electronic wallets already feel like traditional bank accounts with an IBAN and a payment card. But the startup is finally applying for a proper banking license in Lithuania. This process is going to take a few months — the startup… Read More

http://ift.tt/2ja1H1g Revolut is applying for a European banking license to become a true bank http://ift.tt/2hbuBtr