US EditionThe Poison Pill Is Coming, One of Revolut's Advantages over Hungarian Banks May Disappear
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Hungarian commercial banks have long been signaling to the domestic authorities that the path is heading towards the very successful Revolut, as the London fintech has to pay much less in fees than its Hungarian competitors. A loophole may now be closed.
The National Assembly has passed a bill on tax measures that target neobanks, including Revolut and Wise. A bill on tax measures that ... ...
The fintech company's advantage over banks may be eroding.
·Budapest, Hungary
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Total News Sources3
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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