RegulationPayment Expert · 5h ago
Revolut opens door for challenger banks in Australia
By Kieran O'Connor•July 21, 2026
The brief
Revolut obtaining a banking licence in Australia brings firsts for the fintech and the country’s regulatory landscape. The Australian Prudential Regulation Authority (APRA) has granted Revolut an unrestricted Authorised Deposit-taking Institution (ADI) licence, making it the first global fintech to operate as a full b…
Original report
Payment Expert
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