[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"nav-categories":3,"article-revolut-secures-full-uk-banking-license-after-five-year-regulatory-journey":70},{"data":4},[5,37,57,64],{"name":6,"slug":7,"categories":8},"Productivity","productivity",[9,13,17,21,25,29,33],{"id":10,"title":11,"slug":12},17,"Branding","branding",{"id":14,"title":15,"slug":16},19,"Marketing","marketing",{"id":18,"title":19,"slug":20},20,"Work","work",{"id":22,"title":23,"slug":24},34,"Community","community",{"id":26,"title":27,"slug":28},21,"For newbies","for-newbies",{"id":30,"title":31,"slug":32},24,"Investment","investment",{"id":34,"title":35,"slug":36},22,"Finance","finance",{"name":38,"slug":39,"categories":40},"Tech","tech",[41,45,49,53],{"id":42,"title":43,"slug":44},28,"Technology","technology",{"id":46,"title":47,"slug":48},32,"Artificial Intelligence","artificial-intelligence",{"id":50,"title":51,"slug":52},26,"Security and protection","security-and-protection",{"id":54,"title":55,"slug":56},31,"YouTube Blog","youtube-blog",{"name":58,"slug":59,"categories":60},"News","news",[61],{"id":62,"title":58,"slug":63},18,"quasanews",{"name":65,"slug":66,"categories":67},"Business","business",[68],{"id":69,"title":65,"slug":66},16,{"post":71,"published_news":97,"popular_news":165,"categories":235},{"title":72,"description":73,"meta_title":72,"meta_description":74,"meta_keywords":75,"text":76,"slug":77,"created_at":78,"publish_at":79,"formatted_created_at":80,"category_id":34,"links":81,"view_type":86,"video_url":87,"views":88,"likes":89,"lang":90,"comments_count":89,"category":91},"Revolut Secures Full UK Banking License After Five-Year Regulatory Journey","In a landmark achievement for the fintech sector, Revolut has finally obtained a full banking license from the UK's Prudential Regulation Authority (PRA), marking the end of a protracted five-year application process.","Revolut has finally obtained a full banking license from the UK's Prudential Regulation Authority (PRA), marking the end of a protracted five-year application process.","As Chancellor Rachel Reeves noted, this development is \"great news,\" highlighting Revolut's growth from a startup to a major employer with over 10,000 staff.","\u003Cp>In a landmark achievement for the fintech sector, \u003Ca href=\"https://sifted.eu/articles/revolut-uk-banking-licence-granted\">Revolut has finally obtained a full banking license from the UK&#39;s Prudential Regulation Authority (PRA)\u003C/a>, marking the end of a protracted five-year application process. The approval, \u003Ca href=\"https://www.fstech.co.uk/fst/Revolut_Launches_UK_Bank_After_Securing_Full_Regulatory_Licence.php\">announced on March 11, 2026\u003C/a>, allows the London-based company to operate as a fully fledged bank in the UK, expanding its services beyond payments and investments to include deposit-taking, lending, and credit products for its \u003Ca href=\"https://www.pymnts.com/news/banking/2026/revolut-wins-long-awaited-full-banking-license-in-the-uk\">13 million\u003C/a> British customers.\u003C/p>\n\n\u003Cp>\u003Cpicture class=\"image-align-left\">\u003Csource srcset=\"https://cdn.quasa.io/photos/00/image-2026-03-16t120824336.webp\" type=\"image/webp\">\u003Cimg alt=\"Revolut Secures Full UK Banking License After Five-Year Regulatory Journey\" class=\"image-align-left\" height=\"169\" src=\"https://cdn.quasa.io/photos/00/image-2026-03-16t120824336.jpg\" width=\"300\" />\u003C/picture>Revolut first submitted its application in 2021, but regulatory hurdles delayed approval. In July 2024, the PRA granted a restricted license, placing the company in a &quot;\u003Ca href=\"https://europeanbusinessmagazine.com/business/revolut-wins-banking-licence-why-europes-banks-should-be-worried\">mobilization phase\u003C/a>&quot; that capped total deposits at &pound;50,000 &mdash; a safeguard to ensure operational readiness.\u003C/p>\n\n\u003Cp>This phase, typically lasting up to 12 months, extended to nearly two years for Revolut due to concerns over governance, accounting practices, \u003Ca href=\"https://www.thisismoney.co.uk/money/markets/article-15638463/Revolut-finally-granted-UK-banking-licence-three-years-claiming-green-light-imminent.html\">and compliance\u003C/a>. The extended scrutiny reflects the PRA&#39;s cautious approach, as approving a neobank like Revolut sets a precedent for the industry, influencing how similar fintechs are regulated not just in the UK but globally.\u003C/p>\n\n\u003Chr />\n\u003Ch4>\u003Cstrong>A Precedent-Setting Milestone\u003C/strong>\u003C/h4>\n\n\u003Cp>\u003Cpicture class=\"image-align-right\">\u003Csource srcset=\"https://cdn.quasa.io/photos/00/image-2026-03-16t120802185.webp\" type=\"image/webp\">\u003Cimg alt=\"Revolut Secures Full UK Banking License After Five-Year Regulatory Journey\" class=\"image-align-right\" height=\"447\" src=\"https://cdn.quasa.io/photos/00/image-2026-03-16t120802185.jpg\" width=\"300\" />\u003C/picture>The decision carries significant weight, as UK banking regulations for payment systems are well-established, \u003Ca href=\"https://europeanbusinessmagazine.com/business/revolut-wins-banking-licence-why-europes-banks-should-be-worried\">but licensing a digital-first neobank effectively establishes benchmarks for innovation in a traditionally conservative sector.\u003C/a> While Revolut has held a banking license in Lithuania since 2018, enabling operations across the European Economic Area via passporting rights, the UK license is far more prestigious and impactful, \u003Ca href=\"https://www.theguardian.com/business/2026/mar/11/british-fintech-revolut-gets-full-banking-licence\">given Britain&#39;s status as a global financial hub\u003C/a>. This move positions Revolut alongside established players like Barclays and HSBC, but with the agility of a tech-driven model.\u003C/p>\n\n\u003Cp>Nik Storonsky, Revolut&#39;s co-founder and CEO, described the license as a &quot;long-term strategic priority,&quot; emphasizing its role in scaling the company&#39;s UK operations. With the restrictions lifted, customer deposits will now be protected under the Financial Services Compensation Scheme up to &pound;85,000, providing greater security and trust.\u003C/p>\n\n\u003Ch4>\u003Cstrong>New Opportunities in the UK Market\u003C/strong>\u003C/h4>\n\n\u003Cp>The full license unlocks key capabilities for Revolut in the UK. The company can now offer lending products, including personal loans and overdrafts, and launch credit cards&mdash; services previously limited due to regulatory constraints. Current accounts will be introduced in phases over the coming weeks, allowing Revolut to compete more directly with traditional banks on everyday financial services.\u003C/p>\n\n\u003Cp>This expansion comes at a time when the UK banking market remains dominated by legacy institutions, known for their conservative practices. Revolut&#39;s challenge will be to demonstrate it can thrive while adhering to stringent rules on capital requirements, risk management, and consumer protection. Analysts suggest this could pressure incumbents to innovate, potentially reshaping the competitive landscape.\u003C/p>\n\n\u003Chr />\n\u003Ch4>\u003Cstrong>Eyes on the US: Banking Ambitions Across the Atlantic\u003C/strong>\u003C/h4>\n\n\u003Cp>Building on its UK success, \u003Ca href=\"https://www.revolut.com/en-US/news/revolut_files_u_s_bank_charter_application_names_new_u_s_ceo\">Revolut has set its sights on the United States\u003C/a>. On March 5, 2026, the company filed an application for a national bank charter with the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (\u003Ca href=\"https://www.ft.com/content/86e56dad-d528-4477-a166-65607e91dc9f\">FDIC\u003C/a>), aiming to establish Revolut Bank US, N.A. To lead this effort, \u003Ca href=\"https://www.wsj.com/finance/banking/revolut-applies-for-u-s-bank-license-in-expansion-push-a29bc093?gaa_at=eafs&amp;gaa_n=AWEtsqfvzhEQrKprvkN3navLnNTiRKXpFyXvcHUUGvtQjdNvJ4bKPOF3JXtP&amp;gaa_sig=UbHUcjiMf3djrBaplOTPOB3gjtw1A8mdw7T6vOO4WECfpj0qHMDXSiRAjbDujPYRXT2zCpoaPItmky_QhM4k5Q%3D%3D&amp;gaa_ts=69b7e629\">Revolut appointed Cetin Duransoy\u003C/a>, a former Visa and Capital One executive, \u003Ca href=\"https://www.nytimes.com/2026/03/05/business/dealbook/revolut-us-banking-charter.html\">as its new US CEO\u003C/a>.\u003C/p>\n\n\u003Cp>\u003Cpicture class=\"image-align-left\">\u003Csource srcset=\"https://cdn.quasa.io/photos/00/image-2026-03-16t120801002.webp\" type=\"image/webp\">\u003Cimg alt=\"Revolut Secures Full UK Banking License After Five-Year Regulatory Journey\" class=\"image-align-left\" height=\"372\" src=\"https://cdn.quasa.io/photos/00/image-2026-03-16t120801002.jpg\" width=\"250\" />\u003C/picture>The timing aligns with the Trump administration&#39;s perceived openness to fintech innovation and cryptocurrency-friendly policies, which could ease regulatory barriers for new entrants.\u003C/p>\n\n\u003Cp>If approved, the US charter would enable Revolut to accept deposits, offer loans, and issue credit cards directly, accelerating its growth in a market where it already serves millions through partnerships. This move supports Revolut&#39;s goal of reaching 100 million global customers, following recent expansions in Mexico and other regions.\u003C/p>\n\n\u003Cp>Also read:\u003C/p>\n\n\u003Cul>\n\t\u003Cli>\u003Ca href=\"https://quasa.io/media/vibe-coding-and-icos-the-hamster-wheel-of-hype-for-the-average-user\">Vibe Coding and ICOs: The Hamster Wheel of Hype for the Average User\u003C/a>\u003C/li>\n\t\u003Cli>\u003Ca href=\"https://quasa.io/media/exploring-tiktok-alternatives-upscrolled-and-skylight-emerge-as-contenders-amid-ownership-shake-up\">Exploring TikTok Alternatives: UpScrolled and Skylight Emerge as Contenders Amid Ownership Shake-Up\u003C/a>\u003C/li>\n\t\u003Cli>\u003Ca href=\"https://quasa.io/media/the-great-crypto-reckoning-why-insiders-are-dumping-and-the-market-s-house-of-cards-is-crumbling\">The Great Crypto Reckoning: Why Insiders Are Dumping and the Market&#39;s House of Cards is Crumbling\u003C/a>\u003C/li>\n\t\u003Cli>\u003Ca href=\"https://quasa.io/media/if-you-voted-now-your-address-and-party-registration-are-publicly-available-online\">If You Voted, Now Your Address and Party Registration Are Publicly Available Online\u003C/a>\u003C/li>\n\u003C/ul>\n\n\u003Chr />\n\u003Ch4>\u003Cstrong>Challenges Ahead in a Conservative Landscape\u003C/strong>\u003C/h4>\n\n\u003Cp>Despite the optimism, Revolut faces hurdles in proving its mettle. The UK&#39;s banking sector is steeped in tradition, with established players holding strong market share. Revolut must navigate complex compliance demands while maintaining its innovative edge, all under the watchful eye of regulators who have signaled zero tolerance for lapses.\u003C/p>\n\n\u003Cp>As Chancellor Rachel Reeves noted, this development is &quot;great news,&quot; highlighting Revolut&#39;s growth from a startup to a major employer with over 10,000 staff. Yet, the true test lies in execution &mdash; balancing rapid expansion with robust risk management. For fintech enthusiasts, Revolut&#39;s journey underscores the evolving intersection of technology and traditional finance, potentially inspiring a wave of digital disruptors worldwide.\u003C/p>","revolut-secures-full-uk-banking-license-after-five-year-regulatory-journey","2026-03-16T11:09:56.000000Z","2026-03-22T09:59:00.000000Z","22.03.2026",{"image":82,"image_webp":83,"thumb":84,"thumb_webp":85},"https://cdn.quasa.io/images/news/ks1z2n7uUGjffccG1aYtq10aRtKh691gqQJYTKjt.jpg","https://cdn.quasa.io/images/news/ks1z2n7uUGjffccG1aYtq10aRtKh691gqQJYTKjt.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/ks1z2n7uUGjffccG1aYtq10aRtKh691gqQJYTKjt.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/ks1z2n7uUGjffccG1aYtq10aRtKh691gqQJYTKjt.webp","small",null,849,0,"en",{"id":34,"title":35,"slug":36,"meta_title":92,"meta_description":93,"meta_keywords":94,"deleted_at":87,"created_at":95,"updated_at":96,"lang":90},"Quasa Media's Growth Hacking Finance Blog","Trends in financial literacy. Savings and investment options.","Finance, invest, money, rich, financial plan","2021-10-27T19:57:04.000000Z","2024-08-25T15:36:23.000000Z",[98,113,126,139,152],{"title":99,"description":100,"slug":101,"created_at":102,"publish_at":102,"formatted_created_at":103,"category":104,"links":105,"view_type":110,"video_url":87,"views":111,"likes":89,"lang":90,"comments_count":89,"is_pinned":112},"5 Best AI Video Generators to Create Viral Videos in 2026","Discover the 5 best AI video generator tools in 2026, including Pollo AI, Vidu AI, Luma AI, Seedance 2.0, and Runway. Explore features, use cases, and how each platform transforms video creation.","5-best-ai-video-generators-to-create-viral-videos-in-2026","2026-04-13T12:44:33.000000Z","13.04.2026",{"title":47,"slug":48},{"image":106,"image_webp":107,"thumb":108,"thumb_webp":109},"https://cdn.quasa.io/images/news/duns6zBmgrIjP63CFihBCyqTAJYJhxGtA1y63wAU.jpg","https://cdn.quasa.io/images/news/duns6zBmgrIjP63CFihBCyqTAJYJhxGtA1y63wAU.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/duns6zBmgrIjP63CFihBCyqTAJYJhxGtA1y63wAU.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/duns6zBmgrIjP63CFihBCyqTAJYJhxGtA1y63wAU.webp","large",33,false,{"title":114,"description":115,"slug":116,"created_at":117,"publish_at":118,"formatted_created_at":103,"category":119,"links":120,"view_type":86,"video_url":87,"views":125,"likes":89,"lang":90,"comments_count":89,"is_pinned":112},"How I Automated My Basic Marketing Tasks with AI (And 4x’d My Efficiency)","I used to spend hours every week on repetitive marketing work: sizing markets, building pitch decks, crunching ad data, and writing Reels scripts. 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Researchers weren’t targeting them. 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And one of its favorite rhymes is the speculative boom — that intoxicating period when anyone with an internet connection (or a ship ticket) can get rich quick. Then, just as predictably, the music stops.","the-era-of-easy-money-in-crypto-is-over-here-s-what-500-years-of-bubbles-teach-us","2026-04-10T15:51:47.000000Z","2026-04-13T06:49:00.000000Z",{"title":31,"slug":32},{"image":147,"image_webp":148,"thumb":149,"thumb_webp":150},"https://cdn.quasa.io/images/news/D7EzSu1StGg5jWQslvYTor0d8x8HXaoaBJgrM5Rs.jpg","https://cdn.quasa.io/images/news/D7EzSu1StGg5jWQslvYTor0d8x8HXaoaBJgrM5Rs.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/D7EzSu1StGg5jWQslvYTor0d8x8HXaoaBJgrM5Rs.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/D7EzSu1StGg5jWQslvYTor0d8x8HXaoaBJgrM5Rs.webp",65,{"title":153,"description":154,"slug":155,"created_at":156,"publish_at":157,"formatted_created_at":103,"category":158,"links":159,"view_type":86,"video_url":87,"views":164,"likes":89,"lang":90,"comments_count":89,"is_pinned":112},"Claude Mythos Just Gave One Company Government-Level Cyber Weapons — And It’s Only April 2026","Anthropic didn’t just release another model. 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We offer to place your article, add a link or order the writing of an article for publication.","advertising-on-quasa","2022-07-06T07:33:02.000000Z","2025-12-15T17:33:02.000000Z","15.12.2025",{"title":58,"slug":63},{"image":188,"image_webp":189,"thumb":190,"thumb_webp":191},"https://cdn.quasa.io/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.jpg","https://cdn.quasa.io/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.webp",69791,4,{"title":195,"description":196,"slug":197,"created_at":198,"publish_at":199,"formatted_created_at":200,"category":201,"links":202,"view_type":86,"video_url":87,"views":205,"likes":193,"lang":90,"comments_count":89,"is_pinned":112},"What is a Startup?","A startup is not a new company, not a tech company, nor a new tech company. You can be a new tech company, if your goal is not to grow high and fast; then, you are not a startup. ","what-is-a-startup","2021-08-04T12:05:17.000000Z","2025-12-17T13:02:00.000000Z","17.12.2025",{"title":65,"slug":66},{"image":203,"image_webp":87,"thumb":204,"thumb_webp":204},"https://cdn.quasa.io/images/news/EOsQhSW3VXyG7a6NPdE1oZd00xfJXe3bjY5aJGb7.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/EOsQhSW3VXyG7a6NPdE1oZd00xfJXe3bjY5aJGb7.webp",67456,{"title":207,"description":208,"slug":209,"created_at":210,"publish_at":211,"formatted_created_at":212,"category":213,"links":214,"view_type":86,"video_url":87,"views":219,"likes":178,"lang":90,"comments_count":220,"is_pinned":112},"Top 5 Tips to Make More Money as a Content Creator","Content creators are one of the most desired job titles right now. Who wouldn’t want to earn a living online?","top-5-tips-to-make-more-money-as-a-content-creator","2022-01-17T17:31:51.000000Z","2026-01-17T11:30:00.000000Z","17.01.2026",{"title":19,"slug":20},{"image":215,"image_webp":216,"thumb":217,"thumb_webp":218},"https://cdn.quasa.io/images/news/gP8kiumBPpJmQv6SMieXiX1tDetx43VwFfO1P4Ca.jpg","https://cdn.quasa.io/images/news/gP8kiumBPpJmQv6SMieXiX1tDetx43VwFfO1P4Ca.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/gP8kiumBPpJmQv6SMieXiX1tDetx43VwFfO1P4Ca.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/gP8kiumBPpJmQv6SMieXiX1tDetx43VwFfO1P4Ca.webp",41503,1,{"title":222,"description":223,"slug":224,"created_at":225,"publish_at":226,"formatted_created_at":227,"category":228,"links":229,"view_type":110,"video_url":87,"views":234,"likes":178,"lang":90,"comments_count":89,"is_pinned":112},"8 Logo Design Tips for Small Businesses","Your logo tells the story of your business and the values you stand for.","8-logo-design-tips-for-small-businesses","2021-12-04T21:59:52.000000Z","2025-05-05T03:30:00.000000Z","05.05.2025",{"title":15,"slug":16},{"image":230,"image_webp":231,"thumb":232,"thumb_webp":233},"https://cdn.quasa.io/images/news/Wbx2NtS1CnTupgoQbpFMGspJ5jm4uob2hDOq33r0.jpg","https://cdn.quasa.io/images/news/Wbx2NtS1CnTupgoQbpFMGspJ5jm4uob2hDOq33r0.webp","https://cdn.quasa.io/thumbs/news-thumb/images/news/Wbx2NtS1CnTupgoQbpFMGspJ5jm4uob2hDOq33r0.jpg","https://cdn.quasa.io/thumbs/news-thumb/images/news/Wbx2NtS1CnTupgoQbpFMGspJ5jm4uob2hDOq33r0.webp",40656,[236,237,238,239,240,241,242,243,244,245,246,247,248],{"title":23,"slug":24},{"title":47,"slug":48},{"title":55,"slug":56},{"title":43,"slug":44},{"title":51,"slug":52},{"title":31,"slug":32},{"title":35,"slug":36},{"title":27,"slug":28},{"title":19,"slug":20},{"title":15,"slug":16},{"title":58,"slug":63},{"title":11,"slug":12},{"title":65,"slug":66}]