#regulatory approvals

Revolut has obtained regulatory approvals from the Central Bank of the United Arab Emirates, allowing it to launch its services in the competitive UAE financial market. The London-based fintech company has been granted Stored Value Facilities (SVF) and Retail Payment Services licences, marking a significant step in its market entry plans.

Lesaka has announced a delay in its acquisition of Bank Zero, pushing the deadline to 2027 due to lagging regulatory approvals. The acquisition is valued at R1.1 billion.