Finance Breaking news Revolut leaves Canada last financial news

Breaking-Finance.Com - UK-based fintech player Revolut is leaving Canada after failing to exit beta in the country.

Finance Breaking news Revolut leaves Canada last financial news

Breaking-Finance.Com - UK-based fintech player Revolut is leaving Canada after failing to exit beta in the country.

Finance Breaking news Revolut leaves Canada last financial news
17 March 2021 - 13:45

Breaking-Finance.Com - UK-based fintech player Revolut is leaving Canada after failing to exit beta in the country. Revolut, which has been aggressively expanding around the world over the last two years, began a Canadian beta more than 18 months ago but has now emailed users in the country to tell them that this has been ended.

." Revolut says it hopes to return to Canada but told users on Twitter that it is "not able to offer the range of services we had hoped at this stage". The firm has not obtained a Canadian banking license, restricting the scope of its offering and preventing it from mounting a serious challenge to the Big Five banks that dominate the market.

Source = Breaking-Finance.Com

Financial breaking news

This news 14 hits received.

Finance Breaking news Revolut leaves Canada last financial news


Finance Breaking news Revolut leaves Canada last financial news


Finance Breaking news Revolut leaves Canada last financial news


Finance Breaking news Revolut leaves Canada last financial news

COMMENTS

  • 0 Comment
MAY INTEREST YOU x
Finance Breaking news Apple lets couples co-own card to build credit together last financial news
Finance Breaking news Apple lets couples co-own card to build credit...
Finance Breaking news JP Morgan, Morningstar and Broadridge invest in Tifin last financial news
Finance Breaking news JP Morgan, Morningstar and Broadridge invest in...