European , a fintech electronic wallet start-up, has announced it will apply for a Revolut banking licence. If granted, the U.S. -base company will become a bank, allowed to offer users of its app credit and deposit offers. N26 just announced that it would launch in the U.S. and the U.K. next year. It will also require Revolut to insure accounts 116,600 ($ up to €100,000 ).
European , a fintech electronic wallet start-up, has announced it will apply for a Revolut banking licence. If granted, the U.S. -base company will become a bank, allowed to offer users of its app credit and deposit offers. It will also require Revolut to insure accounts 116,600 ($ up to €100,000 ).