Revolut Applies for U.K. Banking License

Revolut Applies for U.K. Banking License

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses Revolut's interest in the UK banking market, highlighting its profitability and the need for a banking license. It outlines Revolut's global expansion plans, including efforts in Asia and the Americas, and the challenges posed by Brexit. The conversation also covers customer growth driven by cryptocurrency trading, emphasizing the risks involved and Revolut's measures to protect inexperienced investors. Finally, it touches on the ease of accessing digital assets through Revolut's platform.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What steps does the company take to inform customers about the risks of investing in cryptocurrency?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Brexit affect the expansion plans of the company?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the process for customers to buy cryptocurrencies using the platform?

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