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Bloomberg Daybreak: Europe Edition
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The Banking Licence Trouble for Troubled Revolution
The fate of revolution attempts to secure this long-awaited banking licence from city regulators has been really thrown into massive doubt. The neo-bank has lost several key executives in recent months. But once upon a time, Rev. was the darling of Britain's FinTech industry and has been seeking approval for a licence now for more than two years. And again, it will be another blow to Britain's wider FinTech industry.
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