Revolut has tapped accountancy giant EY to replace BDO as its auditor as the firm pushes to secure its UK banking licence.

Revolut has hired one of Britain’s “big four” accountancy giants as it steps up its efforts to win a full UK banking licence.

Following the conclusion of a formal audit tender process, Revolut Group Holdings Ltd has announced the appointment of Ernst ...

Revolut appoints EY as its new global auditor for the financial year ending 2026, replacing BDO after concerns over revenue verification and internal controls.

MILLIONS of people using payment firms will see their cash better protected due to a major rule change. The Financial Conduct ...

BDO’s refusal to sign off on Revolut’s accounts came after it was criticised for a poor audit of the group a year earlier by the FRC. EY can expect to earn millions of pounds from the contract.

Victor Stinga, Revolut’s finance chief, thanked BDO for its “valued partnership” and said he looked forward to a “successful and collaborative partnership” with EY.

Revolut has tapped accountancy giant EY to replace BDO as its auditor as the firm pushes to secure its UK banking licence. The UK fintech juggernaut said EY will act as the firm’s auditor for the ...