Posts tagged as deposit insurance

Revolut Bank launches in Lithuania

Monday, May 4, 2020

Revolut Banking, a subsidiary of the British financial technology company Revolut, is launching banking services in Lithuania as of Monday. The company has been granted a specialised banking license and will offer bank accounts covered by Lithuania’s deposit insurance, Revolut said in a press release. The company already has over 300,000 clients in Lithuania who were using e-money services of Revolut Payments. All the clients will be able to transfer…