Revolut: The $75 Billion Wait ⏳

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In the heart of London's Canary Warf,
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Nick Steronsky is building his fintech
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empire, but he is still waiting for the
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final crown. Around 10 years ago,
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Revolute entered the banking scene and
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in under a decade, it has already become
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a 75 billion titan. That's more than Nat
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West, albeit through private markets and
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is closing in on Barclays and Lloyds.
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But despite the billions, one prize
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remains elusive, the full fat UK banking
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license. For years, Steronsky has
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battled British bureaucracy to secure
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the crown that would allow Revolute to
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take its services to the next level
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across the UK. Revolute received
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approval for the license in 2024 after a
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three-year wait. This entered the
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company into a mobilization stage, a
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period that is still ongoing to this
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day. Revolute has pointed to the fact
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they are the biggest firm to ever go
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through this process, making it the most
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complex mobilization in British

Revolut: The $75 Billion Wait ⏳

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Revolut: The $75 Billion Wait ⏳

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