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Revolut eyes bank charter to have ‘seat at the table,’ says US CEO
Yahoo Finance· 2025-10-28 21:51
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. LAS VEGAS – Nabbing its own bank charter is Revolut’s “mission” in the U.S., in part to get direct access to regulators, the fintech’s top stateside executive, Sid Jajodia, said Tuesday. “While the partnership model works well, you miss out on things,” he said onstage at the Money 20/20 conference in Las Vegas. “You don't have a seat at the table with the regulator. ...
Are We on the Verge of a New Normal as Fintechs Pursue Bank Charters?
Businesswire· 2025-10-08 21:30
ALEXANDRIA, Va.--(BUSINESS WIRE)--QED Investors, a leading global fintech venture capital firm, and Oliver Wyman, a global leader in management consulting and a business of Marsh McLennan (NYSE:MMC), today announced a new report titled, Seizing the bank charter moment: Implications for fintechs and banks. Informed by expert insight, secondary research, proprietary analysis and conversations with over a dozen C-suite executives at leading fintechs, QED Investors and Oliver Wyman examine key cons. ...