Revolut Seeks License in Russia as Lithuania Puts Approval on Hold

One of Europe’s hottest fintech startups Revolut plans to seek a banking license in Russia as the Lithuania government delays approval for their current application; Revolut’s CEO is rumored to have ties to Russia that worries Lithuania but the company has always said they have nothing to hide; Revolut has hired an elite global licensing team to help it secure the correct regulatory licenses as they plan to expand to the U.S., Asia and beyond. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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