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Challenger bank Revolut has submitted its application for a bank licence in the UK to the nation’s financial regulators.
Revolut, neobank, challenger bank, PRA, FCA, Brexit, banking, bank licence, EU
Allica, a bank for small and medium-sized enterprises (SMEs), has been granted its banking licence by the Prudential Regulation Authority (PRA), according to Sharon Kimathi from FinTech Futures.
banking, B2B, finance, digital, regulation, SME, Allica, FCA, PRA, payments, cash management, UK