Today, we're incredibly excited to announce that our application for a European banking licence has been approved by the European Central Bank. As you can imagine, this is a pretty huge milestone for us.
This licence will help us towards our goal to build an account where you can manage every aspect of your financial life, with the best value and using the best available technologies.
Now, it's worth pointing out that nothing is going to change right away. Despite being granted with a licence, this does not automatically turn us into a bank right away.
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