Categories: Business

Revolut scraps plans to buy US lender in favour of push for standalone licence, FT reports

Jan 23 (Reuters) – Britain's Revolut has scrapped plans to buy a U.S. lender and will instead apply for an American banking licence, Financial Times reported on Friday, citing people familiar with the matter. Reuters could not immediately verify the report. (Reporting by Preetika Parashuraman in Bengaluru; Editing by Sonia Cheema)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Recent Posts

Raveum Opens $1,000 Access to Dollar Linked U.S. Real Estate as Rupee Nears ₹97

Mumbai (Maharashtra) [India], June 20: Raveum, a cross-border real estate investment platform, has opened doors…

12 hours ago

Vasavi Group Launches Exclusive Customer Offers at Vasavi Sarovar with Savings of Up to Rs. 22 Lakhs

Hyderabad (Telangana) [India], June 19: Vasavi Group, one of Hyderabad’s leading real estate developers, has…

14 hours ago

House of Electrons Launches in India with Exclusive Limited-Edition Electronics and Gaming Accessories

Bengaluru (Karnataka) [India], June 19: House of Electrons, a new destination for technology enthusiasts, gamers…

14 hours ago

9 Fast-Growing Indian Brands Redefining Industry Standards in 2026

New Delhi [India], June 20: In today’s rapidly evolving business landscape, innovation, customer-centricity, and technology-driven…

15 hours ago

Prabhu Deva Welcomes the MG M9 – Presidential Limousine by MG SELECT

Chennai (Tamil Nadu) [India], June 19: Acclaimed actor, filmmaker, and dance icon Prabhu Deva—who has spent four…

20 hours ago