Fintech Insider Podcast by 11:FS cover image

743. News: Revolut's banking licence in jeopardy and Anne Boden departs Starling Bank

Fintech Insider Podcast by 11:FS

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The Revolut Bankruptcy Is Holding Regulators Back

The regulator is holding them back, made no mistake. I think what's different in this case with Revolut is there's innovating and there's innovates, right? And I think that sort of move fast and break things approach makes regulators nervous. Like they're dabbling in crypto, which raises these whole other like sets of regulatory questions. It doesn't feel like that's the basis for a strong sort of collaborative partnership.

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