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Yes. They only got the EU banking license in December. It will take at least 1-2 years before they become a bank. They will start in Estonia and then passport t
by richardknop 8y ago
Yes. They only got the EU banking license in December. It will take at least 1-2 years before they become a bank. They will start in Estonia and then passport their banking license to other countries, eventually to UK, too. For now they are still using LLoyds bank account to hold all customer money in UK and are electronic money institution.