News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Fintech

Revolut battles growing pains: Inside a banking licence, a Canary Wharf HQ and a superapp

Offering multiple services like banking, FX, and crypto through one platform has regulatory and technological challenges

Revolut’s new offices in Canary Wharf caught the headlines, but it’s not all smooth sailing
Revolut’s new offices in Canary Wharf caught the headlines, but it’s not all smooth sailing Photo: Revolut

Revolut’s decision to move into a shiny new Canary Wharf HQ in June came shortly before it won its years-long battle with regulators for a UK banking licence. 

The switch to the heart of London’s financial district is symbolic — the fast-growing fintech startup that urged staff to “get sh*t done” is now a respectable name aiming to compete with more established firms.

WSJ Logo