
Revolut received an ECB order for rushing 🇪🇺 The ECB has tightened control over Revolut due to the too rapid launch of fintech products, the FT has learned. The regulator temporarily limited the expansion of the product line in Europe and prohibited transactions, demanding to strengthen risk audits. The problems arose against the backdrop of Revolut's IPO plans with an estimated valuation of up to $200 billions. #Finance | #Revolut | #ECB | #Fintech
