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947. News: After Dark - Klarna files to IPO, Revolut is becoming a proper bank, and the FCA says do more AI
Fintech Insider Podcast by 11:FS
Revolut's Banking Evolution
This chapter explores Revolut's transition from an e-money institution to a fully-fledged bank, focusing on the implications of acquiring a banking license. It discusses the benefits and challenges that come with this evolution, including enhanced funding capabilities, increased regulatory scrutiny, and the strategic positioning within the competitive European SMB banking landscape. The conversation also highlights Revolut's innovative approach and future ambitions, as they look to expand into more traditional financial products while navigating a global market.
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