U.K. Neobank CivilisedBank Gives up Banking License

SME-focused challenger bank #CivilisedBank is giving up its #banking #license? Yep. The U.K.-based bank announced today that it will release its license and instead focus on building its IT platform. In today’s statement, Chris Jolly, non-executive chairman of said: The Board, with the support of our main shareholder Warwick (Capital Partners, its largest shareholder), has […]
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