No UK license for Revolut

[jeanyves (jean-yves laguillez)]

I am wondering what could be the impact on Monzo business and valuation if Revolut does not get the UK bank license ( as it is highly probable according to this week news). It should be beneficial for Monzo in UK to get more customers?

[michaelw90 (Michael)]

Revolut chat

Interesting. I can see your view of it. I’m not so sure though, revolut really has done well (politics aside), they just aren’t behaving as they need to for OUR regulators. Monzo have a great UK base, and pushing the USA base, and for them to have 27mil customers across the globe is their goal, but tenfold. Push aside fintech, I’d probably expect Revolut to buy a smaller bank here such as TSB or Coop for everything they have to match what they want (licence, products, though a huge hit on re…

[Sachaz (Sacha Zarb)]

There’s an extensive thread for that

Revolut chat

Thread for all Revolut feedback/discussions. Most of my EU friends have been using Revolut for quite some time and overall happy with the service. Revolut is in the process to become a fully licence bank and offers some interesting features like phone/travel insurance, loans and business accounts. They were in tech news for past few days after the flowing announcement;

[Revels]

Revolut chat

Thread for all Revolut feedback/discussions. Most of my EU friends have been using Revolut for quite some time and overall happy with the service. Revolut is in the process to become a fully licence bank and offers some interesting features like phone/travel insurance, loans and business accounts. They were in tech news for past few days after the flowing announcement;

[Sachaz (Sacha Zarb)]

there are also extensive replies point you to that