After a prolonged three-year application process, Revolut, the renowned fintech company founded by Nik Storonsky and Vlad Yatsenko, has successfully obtained a UK banking license, albeit with certain limitations. This major achievement allows Revolut to hold customer deposits and offer its own range of loans, including mortgages, paving the way for its highly anticipated debut in the stock market. Despite facing challenges from UK regulators since its establishment in 2015 by two Russian citizens, Revolut has proven its resilience and established itself as the UK's most valuable fintech firm.