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by swores 969 days ago
Two days ago I read a comment containing this mention of Revolut, might you be able to counter what was said?

> "And please, do not recommend Revolut, look up their 2021 audit and the lack of 2022 accounts, so far. Not touching that. If and when they can convince the brits they are gucci I will take a look, not until."

By user chx at https://news.ycombinator.com/item?id=38047491 (end of that comment)

I'll reply to their comment too, linking here, in case they see it and might have more to add on the subject here.

1 comments

According to Financial Times [1], Revolut submitted their application for a UK banking license in 2021. To be clear, it is still pending. (Tip: Run away!) I think it is a terrible idea to keep more than 1000 EUR (or equiv) with them. Only an amount that you can 100% afford to lose. Their audits are smelly as hell. And why would you "bank" with an org that isn't licensed... for banking? The unnecessary risks that people take with their finances are just bizarre to me.

[1] https://www.ft.com/content/6d2eef34-d414-49c7-8557-c43a3d9ab...