Delay comes as fintech company bids for a lucrative banking licence
Revolut is set to miss the deadline to file its financial accounts for the second year running as it continues to wait for a lucrative UK banking licence.
Britain’s most valuable fintech company has said it received an extension to file its 2022 accounts until the end of December, three months beyond the initial deadline of September 30.
A clean set of accounts is regarded as a key milestone for the company if it is to be granted a banking licence by the Bank of England.
Last year, the company missed two deadlines to file its accounts amid pressure from its auditors to improve internal controls.