Not a bank until 2018 And they clearly figured that was easier than going throug...

wasfgwp · 2026-09-13T13:56:21

No, they had a standard bank license, no different than any other bank operating in the country. Of course it was only valid in the EU not Britain.

edit: Comment no longer makes much sense after the one above was edited

KaiserPro · 2026-09-13T19:54:38

my understanding is the full licences was only granted in 2021 in the eea and 2026 in the UK

ExpertAdvisor01 · 2026-09-13T19:03:40

They had an emi license before .

olejorgenb · 2026-09-13T18:16:13

7-8 years surely qualify as "for years"?

KaiserPro · 2026-09-14T17:04:02

only since 2021, so a few years.

but compare that to their competitors who got a license at the very start