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> been a fully licensed bank for ~6 months They had an EU license in Lithuania for years.
by wasfgwp 21d ago
> been a fully licensed bank for ~6 months
They had an EU license in Lithuania for years.
- jbs789 21d agoNot a bank until 2018 And they clearly figured that was easier than going through the UK where they had previously been licensed
- wasfgwp 21d agoNo, they had a standard bank license, no different than any other bank operating in the country. Of course it was only valid in the EU not Britain. https://www.lb.lt/en/news/banking-licence-granted-to-revolut-bank-uab https://www.lb.lt/en/news/banking-licence-granted-to-revolut... edit: Comment no longer makes much sense after the one above was edited
- ExpertAdvisor01 21d agoThey had an emi license before .
- KaiserPro 20d agomy understanding is the full licences was only granted in 2021 in the eea and 2026 in the UK
- olejorgenb 21d ago7-8 years surely qualify as "for years"?
- KaiserPro 20d agoonly since 2021, so a few years. but compare that to their competitors who got a license at the very start