Revolut pursuing NZ banking registration as RBNZ assesses sole application
Fintech company Revolut is seeking banking registration in New Zealand, with the RBNZ currently reviewing one active application.
Revolut is pursuing registration as a bank in New Zealand. The Reserve Bank is currently assessing a single banking registration application. The push for new competition in the country's banking sector is progressing slowly.
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interest.co.nz
RBNZ currently assessing just one banking registration application
With a lone active banking registration application under review, the push for new competition in NZ’s banking sector inches along at a snail’s pace