Revolut steps up lobbying for more banking competition as it awaits licence decision

Fintech told politicians about need for more competition in Irish banking market in series of meetings this year

27th May, 2021
Revolut steps up lobbying for more banking competition as it awaits licence decision
Sebastian Hamilton, Revolut Ireland’s head of public affairs, met with several government and opposition TDs including Jim O’Callaghan of Fianna Fáil and Pearse Doherty, Sinn Féin’s finance spokesman. Picture: Leah Farrell/RollingNews.ie

Revolut has stepped up its Irish lobbying efforts over recent months, holding a series of meetings with politicians in an attempt to bolster support for a more competitive banking sector.

The fintech, which is awaiting authorisation from the Central Bank for an e-money licence, has met with several government and opposition TDs, including Jim O’Callaghan of Fianna Fáil and Sinn Féin’s Pearse Doherty, since the start of the year....

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