Revolut finally gets a banking license - what it means for you

Fintech firm Revolut has been given a UK banking licence after a three-year wait for approval. The London-based company, which has nine million customers in the UK and 45 million globally was classed as an electronic money (e-money) institution in the UK until now. Its licence, which does come with some restrictions, means it it can now offer new products and also offers extra protection to customers. We run through the full details on what it means for you, below. How long has it waited for a UK licence? Revolut...