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preliminary banking licenseCNBC
•79% Informative
British fintech startup Revolut said on Thursday that it had received a preliminary banking license with restrictions.
The London -based firm now has time to build up its U.K. banking infrastructure and operations ahead of officially launching.
A banking license will allow the company to take customer deposits and issue products like loans and credit cards.
VR Score
88
Informative language
92
Neutral language
78
Article tone
formal
Language
English
Language complexity
53
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not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
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