Revolut Granted Licence to Open Bank in Israel

Revolut awarded license to set up bank in Israel

The UK international fintech giant becomes the third bank after One Zero and Esh to receive a Bank of Israel license to operate as a digital bank.

Revolut granted licence to open bank in Israel

Fintech Revolut has been granted a conditional licence to establish a bank in Israel, the Israeli banking regulator said today.

Revolut Granted Israel Banking License by Bank of Israel

Bank of Israel grants conditional license to Revolut, the global digital bank, marking the third new banking license since 2019 after a 40-year freeze.

After Personal Central Bank Courtship, Revolut Lands Israeli Bank Licence to Take on Big Five

Revolut has received a conditional licence to establish a bank in Israel, following years of efforts by the central bank to attract the company and increase competition. The Bank of Israel announced the decision on 10 November, granting a conditional banking licence and a permit to control the proposed lender, Revolut Bank Israel. The approval does not yet allow the new bank to begin serving customers. Governor Amir Yaron said he travelled to Lo…

Revolut awarded Bank of Israel license

This marks just the third license granted to a new bank in Israel since December 2019.