PolicyUKTNabout 2 hours ago
Revolut secures Australian banking licence
2 min read
London-based fintech Revolut secured a full Authorised Deposit-taking Institution licence from the Australian Prudential Regulation Authority. The approval makes Revolut the first global fintech to obtain an unrestricted ADI licence in Australia. Operating as Revolut Bank Australia, the launch marks the firm's first fully licensed banking entity in the Asia-Pacific region.
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