Revolut takes first step toward becoming a licensed bank in South Africa

Global financial technology leader Revolut has officially submitted its Section 12 application to the Prudential Authority of the South African Reserve Bank, marking the first formal step toward establishing a fully licensed bank in South Africa under the Banks Act. This milestone represents Revolut’s strategic entry into Africa and its ambition to become the world’s … Continue reading Revolut takes first step toward becoming a licensed bank in South Africa