Revolut’s New Private Banking Ambitions Could Deepen Its Crypto Wealth Push
Revolut reportedly plans to launch a UK personal banking unit this summer time with a £500,000 ($630,000) deposit threshold, a transfer that might deepen its attraction to crypto-focused wealth shoppers after recent approvals from the Financial Conduct Authority. The proposed arm would goal mass-affluent prospects sitting between retail banking and conventional personal banks. It could…
