The CAPE - Centre des Arts Pluriels Ettelbrück is hosting the third edition of its A CAPE'lla Festival. Delano has 2 festival passes to give away.
The A CAPE'lla festival showcases the art of a capp...
Revolut launched in July 2015 in London and has had authorisation as a payments operator via an e-money licence, in the UK plus a number of EU member states.
Revolut, a fast-growing fintech startup, has taken a new step in setting up in Luxembourg.
As Paperjam reports, on Monday Revolut Technologies was listed on the commercial register at the site of Arendt Services, based in Hamm, having created its structure on 5 June through co-founders Nikolay Storonsky and Yatsenjko Vladyslav, who serve as the CEO and technical director, respectively, along with Hambrett Thomas, who serves as its legal director.
Revolut launched in July 2015 in London and had been authorised through an e-money licence as a payments operator in the UK as well as a number of EU member states. But in April it was facing the third review in a year by Lithuanian authorities in order to determine whether the national security interests of the eastern European country were under threat.
As Paperjam further reports, there were concerns about Storonsky and his father being too close to Russian power (the latter leads scientific research for a Gazprom subsidiary). Bloomberg also reported on “regulatory scrutiny following an alleged compliance lapse that could have allowed illegal transactions on its app”, which the UK’s Financial Conduct Authority was following up on, although a spokesperson for the company claimed the failure was due to a “systems enhancement project”, not due to a lapse in keeping up with regulatory or legal requirements.