Revolut Denies Claims of Improperly Acquiring Bank License

·Feb. 12, 2019·1 min read

UK based digital bank Revolut has strongly denied claims that they interfered in Lithuanian politics when acquiring their banking license; Revolut was granted a European Banking License in Lithuania this past December and a member of their Parliament made the claims of impropriety; the startup denies any claims they are acting on behalf of Russian interests because their founder and CEO has a Russian background; the company takes the allegations seriously and believes this should not be taken lightly, calling the claims fearmongering. Source.

Todd Anderson

Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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Revolut Denies Claims of Improperly Acquiring Bank License

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