Fintech Insider Podcast by 11:FS

965. News: Revolut eyes up French banking licence and is the BNPL honeymoon over amid tougher regulations?

May 26, 2025
This discussion features Veronica Glab, an independent fintech strategist; Lucy Ingham, VP of Content at FXC Intelligence; and James Dodsworth, a senior manager at Thistle Initiatives. They dive into Revolut's aggressive €1 billion investment in France and the implications of acquiring a banking license. The panel also critiques new regulations on Buy Now, Pay Later schemes in the UK, weighing consumer protections against potential industry impacts. Additionally, they explore funding disparities for women in fintech and innovative trends in cross-border payments.
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INSIGHT

BNPL Regulation: Delayed but Needed

  • UK’s Buy Now Pay Later regulation is overdue but will bring consumer protection.
  • Affordability checks and complaint access aim to reduce defaults and protect users sustainably.
INSIGHT

BNPL Rules Favor Established Firms

  • New BNPL rules may benefit established players like Klarna by providing clearer frameworks.
  • Affordability checks can limit risky customers but potentially reduce overall user base.
INSIGHT

Consumers Find Credit Alternatives

  • Customers denied BNPL might shift to other credit or payment methods.
  • Consumers are creative and will find alternative solutions to cash flow challenges.
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