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Revolut Seeks License in Russia as Lithuania Puts Approval on Hold

Revolut Seeks License in Russia as Lithuania Puts Approval on Hold

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EuropeFintechNews Roundup
··1 min read

One of Europe’s hottest fintech startups Revolut plans to seek a banking license in Russia as the Lithuania government delays approval for their current application; Revolut’s CEO is rumored to have ties to Russia that worries Lithuania but the company has always said they have nothing to hide; Revolut has hired an elite global licensing team to help it secure the correct regulatory licenses as they plan to expand to the U.S., Asia and beyond. Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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