New Zealand’s central bank registers Revolut as the country’s 27th bank
The London-based fintech company Revolut has successfully registered as a bank in New Zealand, following approval from the Reserve Bank. This regulatory clearance enables Revolut to expand its financial services offerings in the New Zealand market, where it has previously operated as an unregistered fintech player.
Key points
- Revolut approved as a bank in New Zealand by the Reserve Bank
- Becomes New Zealand's 27th registered bank
- Enables expansion of fintech financial services in the country
Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. The Next Web did the reporting; read the original for the full story.
Read the full story at The Next Web
