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Tuesday, October 27, 2026
Home BusinessBank of England orders review of Revolut product approvals, FT reports

Bank of England orders review of Revolut product approvals, FT reports

by Nishat
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Oct 27 (Reuters) – The Bank of ​England has ordered ‌a review of Revolut’s ​product ​approval processes, probing the ⁠fintech’s ​internal controls as ​it begins expanding into areas ​such as ​personal loans following ‌its ⁠newly acquired UK banking licence, the ​Financial ​Times ⁠reported on Tuesday, ​citing sources.

Reuters ​could ⁠not immediately verify the ⁠report.

Preetika ​Parashuraman ​in Bengaluru; Editing ​by Sonia Cheema

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