> I wonder if there's more going on behind the scenes than meets the eye here. There are additional risks for Lithuania with regards to Revolut which are not o

> I wonder if there's more going on behind the scenes than meets the eye here. There are additional risks for Lithuania with regards to Revolut which are not often discussed (but they have been raised by the parties concerned, and others, etc.) Consider: Revolut is now (with its new banking license) able to take in customer deposits. They are (by law) insured by the state (up to a certain sum). If the bank goes bust, the state-owned insurer is on the hook. Now consider Revolut's pan-European expansion plans (flaunting and expecting continued aggressive growth). There is a lot of exposure here; through a pretty dodgy company no less. So there really is a lot to consider here. Bank of Lithuania (a regulatory body) inviting Revolut themselves also doesn't look too good. Hence parliamentary oversight steps in, with legitimate concern on hand. Bear in mind that core intention is not always seeped in some kind of behind-the-scenes malice, or pure populism, or what have you. I personally see fintech as a field with some interesting companies and potential for innovation, but also as a possible catalyst / accelerator of the next tech-related bubble bust. One should invest into the field with care and cautiousness.