After that, you can expect overdrafts as well as new credit and savings features. Revolut, a fintech electronic wallet start-up, has announced it will apply for a European banking licence. The company is the first to be granted such an authorisation in Europe. It will also require Revolut to insure accounts up to €100,000 ($116,600).
Revolut, a fintech electronic wallet start-up, has announced it will apply for a European banking licence. The company is the first to be granted such an authorisation in Europe. It will also require Revolut to insure accounts up to €100,000 ($116,600).