Revolut's New Zealand Banking Licence Takes Aim at the Big Four
Revolut has been registered as a bank by the Reserve Bank of New Zealand, becoming the country's first digital-only bank and only its 27th registered bank overall. The Revolut New Zealand banking licence, confirmed on 3 November 2026, drops a London-headquartered challenger into one of the most concentrated retail banking markets in the developed world, and it arrives with deposit protection and a headline savings rate aimed squarely at the Australian-owned incumbents.What has Revolut actually b
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