Bank of England orders review of Revolut product approvals, FT reports

Oct 27 (Reuters) - The Bank of England has ordered a review of Revolut’s product approval processes, probing the fintech's internal controls as it begins expanding into areas such as personal loans following its newly acquired UK banking licence, the Financial Times reported on Tuesday, citing sources.

Reuters could not immediately verify the report. 

(Preetika Parashuraman in Bengaluru; Editing by Sonia Cheema)