BT EXCLUSIVE: SFF X SWITCH

Revolut drops out of Singapore digibank race over high capital requirement

CEO of high-profile UK-based fintech says it's a 'no' for now, following extensive talks with potential partners

Singapore

AS THE deadline for digital banking applications creeps closer, high-profile payments fintech Revolut has closed the door to joining Singapore's digital bank landscape over high capital requirements, its top executive told The Business Times (BT).

"Based on our initial