Revolut secures landmark New Zealand banking licence

Revolut has secured a banking licence from the Reserve Bank of New Zealand – making it the country’s first digital bank. The UK-headquartered global powerhouse has committed to invest NZ$120 million (£50m) into its local operations over the next five years. Revolut, which has more than 80m customers worldwide, is now operating as a licensed … Continue reading Revolut secures landmark New Zealand banking licence