Friday, September 15, 2023

Revolut appears to have withdrawn its application for a US banking license, after saying in 2021 that it filed a draft; it has 500K+ retail customers in the US (John Reynolds/Tech.eu)

John Reynolds / Tech.eu:
Revolut appears to have withdrawn its application for a US banking license, after saying in 2021 that it filed a draft; it has 500K+ retail customers in the US  —  Revolut, a leading UK fintech, withdraws its application for a US banking license.  Despite this, the company continues to expand its services in the US market.



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UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center buildout across Europe, the US, and the Asia Pacific (Mauro Orru/Wall Street Journal)

Mauro Orru / Wall Street Journal : UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center bui...