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Revolut granted banking licence in Australia by regulatory authority. · Cyprus Report

Business · World

Revolut granted banking licence in Australia by regulatory authority.

1 sourceFirst reported 13 hours agoUpdated 13 hours ago

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Revolut has received a full Deposit-taking Institution (ADI) licence from the Australian Prudential Regulation Authority.
This licence allows Revolut to operate as a licensed bank in Australia.
The approval marks Revolut’s first banking entity in the Asia-Pacific region.
The move is part of Revolut's expansion strategy into new international markets.
Revolut aims to provide a range of banking services in Australia following this licence approval.

Generated by AI from the 1 sources below · always verify with the originals

AI summary: catch up in 20 seconds

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AI summary: catch up in 20 seconds

Revolut has received a full Deposit-taking Institution (ADI) licence from the Australian Prudential Regulation Authority.
This licence allows Revolut to operate as a licensed bank in Australia.
The approval marks Revolut’s first banking entity in the Asia-Pacific region.
The move is part of Revolut's expansion strategy into new international markets.
Revolut aims to provide a range of banking services in Australia following this licence approval.

Generated by AI from the 1 sources below · always verify with the originals