WhiteSight

Revolut’s UK Banking Quest

June 9, 2023

Revolut’s UK Banking Quest

Explore Revolut’s extraordinary growth, its journey towards obtaining a banking licence in the UK, the challenges encountered, and the actions taken to overcome these obstacles.

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Description

At WhiteSight, we have been meticulously studying Revolut’s intriguing evolution, encompassing various aspects of its growth trajectory and territorial expansion.

Our thorough analysis sheds light on how they have spread their fintech influence across different markets, introduced innovative services, and continued to grow their user base. Revolut has evolved from its initial startup phase, where the primary focus was solely on growth, to a more mature ‘scale-up’ stage, where the emphasis is
now on achieving profitable expansion.

This report aims to explore Revolut’s extraordinary growth, its journey towards obtaining a banking licence in the UK, the challenges encountered, and the actions taken to overcome these obstacles.

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