Revolut scraps US merger plans in favour of push for standalone licence
UK-headquartered fintech had hoped to secure banking charter through buying an American lender
UK-headquartered fintech had hoped to secure banking charter through buying an American lender
London-based fintech says move influenced by Trump administration’s willingness to permit new players
Acquisition would be faster route for fintech to start lending in US than applying for permit of its own
Europe’s largest fintech awarded licence to provide complex financial instruments to clients
Europe’s most valuable start-up has waited years for approval to begin lending in its home market
Fintech completed funding round at $75bn valuation in November
Earlier statement that listed CEO as UAE resident had prompted concern among British regulators
