UK based digital bank Revolut has strongly denied claims that they interfered in Lithuanian politics when acquiring their banking license;...
Cryptocurrency exchange Coinbase and payments company Ivy Koin have met with FDIC officials in recent weeks to explore obtaining a...
Square CEO Jack Dorsey tells Fast Company that they are moving full speed ahead with their banking license; Dorsey was recently in New York to unveil Square Register, a hardware device; the company has been lending to merchants since 2014; SoFi recently withdrew their banking application following the scandal surrounding Mike Cagney; a timeline for the application is not known. Source
Back in 2005 Zopa quietly launched their P2P lending platform in the UK, the world’s first. It was the start...
Revolut is the latest company to apply for a European Banking License; their competitors Monzo and Starling Bank are already licensed; the company expects to have the license in the first half of 2018 which will allow it to offer deposit and credit services in certain markets. Source
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