Is the grass actually greener with a Banking Licence?

Not everybody generally is a physician and never each FinTech to try to get a banking licence both.

It’s like getting a promotion: you get a shot at making more cash but it surely additionally comes with extra obligations.

Revolut and Smart was once intently in contrast again within the day, however each took completely different licensing approaches as they diverged. Revolut is at present a completely licenced financial institution within the EU whereas Smart continues to depend on its Digital Cash Establishment statuses.

Comfortable to listen to what everybody thinks about this matter and any suggestions you could have!