Mars Finance News, on January 23, according to the Financial Times, sources revealed that the UK fintech giant Revolut has abandoned its US acquisition plans and is instead negotiating with US officials to apply for a license through the Office of the Comptroller of the Currency (OCC). Revolut expects that the deregulation policies promoted by the Trump administration will accelerate the approval process.
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Revolut abandons US acquisition plans and shifts focus to pursuing independent licensing applications
Mars Finance News, on January 23, according to the Financial Times, sources revealed that the UK fintech giant Revolut has abandoned its US acquisition plans and is instead negotiating with US officials to apply for a license through the Office of the Comptroller of the Currency (OCC). Revolut expects that the deregulation policies promoted by the Trump administration will accelerate the approval process.