All stories tagged banking-license on VentureGrill.
A secondary share sale led by Glade Brook and Coatue has pushed Revolut's valuation to $115 billion, cementing its status as a global fintech titan ahead of a US banking push.
OpenReserve, a new fintech venture from MoneyLion alums, has received conditional approval for a national banking license from the OCC, signaling a significant step towards its 'continuous banking' model.
The Office of the Comptroller of the Currency denied Bunq's application for a U.S. bank charter, citing concerns over capitalization, management experience, and unrealistic profit projections. This marks a significant setback for the Dutch fintech's expansion ambitions.