Barclays chief says Revolut benefits from lack of UK banking licence
CS Venkatakrishnan tells FT summit that fintech rival does not have to meet ‘obligations’ imposed on traditional lenders
CS Venkatakrishnan tells FT summit that fintech rival does not have to meet ‘obligations’ imposed on traditional lenders

Europe’s most valuable start-up has waited years for approval to begin lending in its home market

Europe’s largest fintech awarded licence to provide complex financial instruments to clients

London-based fintech says move influenced by Trump administration’s willingness to permit new players

Challenger bank’s ambition might seem delusional but stranger things have happened

Boss Nik Storonsky is hoping that a US banking licence and an IPO will sustain fintech’s breakneck growth

Former Goldman executive is a longtime board member of the fintech, which has struggled to win a UK banking licence