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REVOLUT BANKING LICENSE
Revolut weighs secondary share sale at $115 billion valuationAny such deal would allow early investors and employees to sell shares and generate liquidity, said the people, who asked not to be identif...- While Europe negotiated FTA, this startup was already hosting India's internet economyA new trade deal between India and Europe opens doors for businesses. However, companies like Hostinger from Lithuania already found succes...
- UK's Revolut eyes up to $200 billion valuation in IPO: ReportBritish finance app Revolut is targeting a valuation of up to $200 billion for its stock market debut. The company, Europe's most valuable ...
- Indian financial sector is about to be disrupted and legacy players are running out of time: KV KamathIndia's financial sector is changing fast. KV Kamath, a key figure, states disruption is happening now. Old banks and companies are falling...
- This business tycoon exits UK for UAE and reason is not just taxationNik Storonsky, co-founder of digital banking app Revolut, has moved his residency from the UK to the United Arab Emirates. This move follow...
- British fintech Revolut to invest $670 million in India over five years, expand local operationsFintech giant Revolut plans to invest over Rs 5,900 crore in India for the next five years to fuel new payment and forex products. Revolut ...
- Revolut gets RBI nod for PPIs, walletsRevolut India already holds licences to function as a Category-II Authorised Money Exchange Dealer (AD-II), and to offer multi-currency for...
- Wise eyes more of India’s $32 billion in overseas remittancesWise Payments Ltd. is gearing up to resume signing up new customers in India for overseas remittances. The London-based fintech firm had pa...
- British fintech Revolut gets UK banking licence, ending three-year waitFintech Revolut said it had now entered the "mobilisation" stage, sometimes referred to as "Authorisation with Restrictions." The licence i...
- London's place as fintech hub under threat: Revolut UK CEOLondon took the lead on digital bank launches after the financial crisis, but "something has shifted in the last two or three years," said ...
- Paytm Crisis: When Raghuram Rajan bet on the payments bank plan to test innovation boundariesPaytm is facing a regulatory curb by Mint Street. Former RBI Governor Raghuram Rajan had warned about Paytm's likely discomfort with regula...
- British online bank Revolut's revenue jumps 45% to $1.2 billion in delayed 2022 accountsThe London-based fintech said revenue for the year rose to £922.5 million ($1.2 billion), while pretax loss was £25.4 million ($32.2 millio...
- Crypto firm Ripple secures Singapore payments licenceThe licence, granted by the Monetary Authority of Singapore (MAS), will allow Ripple to provide regulated digital payment token services. I...
- US to end Russia's ability to pay international investorsSince the first rounds of sanctions, the Treasury Department has given banks a license to process any dollar-denominated bond payments from...
- Tata Digital to add neobank to its 'super app' arsenalAfter bolstering its e-commerce offerings by acquiring BigBasket and 1mg, Tata Digital wants to offer financial services—including credit, ...
- Regulatory system for digital banking intermediaries likelyWhile discussions are still at an early stage, RBI is said to be considering a light touch regulatory approach that could see digital banki...
- 25 years of reforms: How India changed its character and will never be meek and desperate againThe quarter century since 1991 that started with a crisis and generated so much promise is best understood as the story of a country that c...
- ET GBS: Government moving fast to foster eco system for India’s digital revolutionRana Kapoor, MD& CEO Yes Bank said that he was superchallenged and the RBI was playing a fantastic role to help them achieve the goal of fi...
- ET Global Business Summit: Jayant Sinha says India marching ahead on financial inclusionThe RBI has issued 23 new banking licenses including those for payment banks bringing down the entry barriers significantly, said Sinha.
- Are traditional banks ready to achieve financial inclusion via smartphones?No one should be under any illusion that it would substitute or make redundant the need for additional banks and a new army of distributed ...
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