
prge
34.3K posts



Revolut CEO Nik Storonsky explained in the past that regulators in the US, Australia, New Zealand, and Switzerland were essentially waiting for Revolut to secure its full UK banking licence before progressing with their own approvals. After securing its full UK banking licence in March, that strategy is clearly paying off. Australia has now granted Revolut a full banking licence — a significant milestone and the first major validation of this sequenced global approach. In Switzerland, the latest update from March is that Revolut plans to apply for its own local banking licence rather than acquire an existing bank. The US and New Zealand are clearly next in line, but Colombia or even the Philippines could also be next in Revolut's banking licence portfolio. This global licensing push is one of the most interesting aspects of Revolut’s current expansion phase. Getting the UK licence over the line has clearly unlocked doors elsewhere; that is why Nik said in September 2025 that getting a full UK banking licence was his no 1 priority.






We're partnering with @huggingface to investigate an unprecedented security incident. Cyber-capable OpenAI models compromised Hugging Face production during a benchmark evaluation. Sharing preliminary findings to help defenders understand emerging risks: openai.com/index/hugging-…




London 🫶 Codex A packed room. One day. Teams shipping with Codex. And wow, the room was cooking. MASSIVE thank you to every builder, judge, mentor + the AI Demo Night crew who made it happen. You Can Just Build Things 🔥 cc @OpenAIDevs
















