Revolut Drops US Bank Merger Plan, Will Pursue Standalone License — Could This Speed Up Its Crypto Expansion?
Fintech unicorn Crypto-friendly Revolut is dropping its deliberate acquisition of an American financial institution in favor of an unbiased banking license on its option to broaden within the US market, the Financial Times reported on Friday. The report referred to people who’re educated of the difficulty that Revolut has been negotiating with authorities within the…