Revolut

Once live, Revolut will be able to offer customers in the UAE access to its global financial platform, enabling them to hold and manage multiple currencies, make payments using physical and virtual cards, and send money both locally and internationally through a single app

The company said the transition follows Vlad Yatsenko’s role in helping build and develop Revolut’s technology infrastructure since its inception

Revolut strongly disagrees with the authority’s findings and will appeal the decision in the Italian courts

Revolut was valued last month at $75bn