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Top related persons:
Francesca Carlesi - 3 Revolut - 3 Revolut's financials - 1 — CNBC's Ryan Browne - 1 Revolut's - 1 Nikolay Storonsky - 1 Vlad Yatsenko — - 1 — - 1
Top related locs:
U.K British London Krakow Poland Canary Revolut Canary Wharf
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Authority - 3 Barclays - 3 CNBC - 2 Bank of England - 2 Financial - 2 Prudential - 1 Citigroup - 1 HSBC - 1

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3 mentions found


☆ Revolut clinches UK banking license, ending three-year wait
  + stars: | 2024-07-25 | by ( Arjun Kharpal | ) www.cnbc.com   time to read: +2 min
Revolut cards is seen in this illustration photo taken in Krakow, Poland on March 29, 2024. British fintech startup Revolut said on Thursday that it had received a banking license with restrictions from the U.K.'s Prudential Regulation Authority, bringing to an end a three-year wait. The London-headquartered firm now has time to build up its U.K. banking infrastructure and operations ahead of officially launching. Revolut first applied for its banking license in 2021, but it has faced lengthy delays. A U.K. banking license will allow Revolut to take customer deposits and also issue products like loans and credit cards.
Persons: Francesca Carlesi, Revolut, Revolut's financials, — CNBC's Ryan Browne Organizations: Prudential, Authority, Barclays, CNBC Locations: Krakow, Poland, British, London, U.K
☆ Revolut moves global HQ to heart of London's financial district as it awaits UK bank license
  + stars: | 2024-06-13 | by ( Ryan Browne | ) www.cnbc.com   time to read: +2 min
A mockup of what Revolut's new global HQ in Canary Wharf will look like. RevolutBritish financial technology firm Revolut announced Thursday that it's planning to move its official headquarters in London to Canary Wharf, the city's major financial district. Revolut will relocate its global headquarters to the YY London building in the center of Canary Wharf. Canary Wharf is London's main financial district, home to many of the world's largest banks, insurers, and other financial institutions. Revolut said that its decision to open a new global headquarters at the heart of the city demonstrates that the firm remains committed to the U.K. market.
Persons: Revolut, Francesca Carlesi, Revolut's, Nikolay Storonsky, Vlad Yatsenko —, — Organizations: Barclays, Citigroup, HSBC, Bank of England, Financial, Authority, Revolut's Locations: Canary, London, Revolut, Canary Wharf, U.K
☆ Fintech giant Revolut appoints new UK boss amid struggles to get banking license
  + stars: | 2023-11-02 | by ( Ryan Browne | ) www.cnbc.com   time to read: +2 min
European fintech firm Revolut on Thursday said it appointed former Barclays executive Francesca Carlesi as its new U.K. CEO. A spokesperson for Revolut told CNBC that the move was not linked to its application for a banking license. Carlesi would be in charge of the company's U.K. operation — which, once it receives a banking license, would manage the Revolut banking division. The appointment comes at a time when Revolut is beefing up its local operation amid a long wait to obtain a coveted British banking license. Revolut was late to file its accounts earlier this year, which exposed the company to criticisms over whether it is ready to become a fully licensed bank.
Persons: Revolut, Francesca Carlesi, Carlesi Organizations: Barclays, Deutsche Bank, Molo Finance, Revolut, CNBC, Bank of England, Financial, Authority Locations: U.K, British
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