Revolut has secured a full UK banking licence, following a five-year back-and-forth with regulators. Founded in 2015 as a travel finance app, Revolut has risen to become Europe’s biggest fintech, with a recent share sale valuing the company at $75bn. The Bank of England’s (Boe) Prudential Regulation Authority (PRA) confirmed on Wednesday it had awarded Revolut a full banking licence. The fintech giant first applied for a UK banking licence in 2021, receiving one with restrictions in 2024, at whi...