A long-awaited digital banking license has finally been secured by a fintech firm, clearing the way for its ambitious plan to launch an all-in-one financial services platform. Dubbed an "everything app," the service aims to consolidate banking, payments, investments, and other financial tools into a single interface, challenging traditional banks and disrupting the industry. The move reflects a broader push by tech-driven companies to redefine how consumers interact with their money. Whether it will succeed in reshaping the market remains to be seen, but the stakes are high for both the firm and the banking sector.
For years, it struggled to get a licence to operate as a bank. Now it wants to shake up the industry with an ‘everything app’
