[Revolut in Talks for Philippine Digital Banking License] According to Crowdfund Insider, Lyn I. Javier, Deputy Governor and Head of Financial Supervision at the Central Bank of the Philippines, revealed that British fintech company Revolut is in active discussions with the bank to obtain a digital banking license in the Philippines. She noted that Revolut must pass the Central Bank's assessment process, including meeting the requirements for establishing a foreign bank in the Philippines. The specific approval timeline depends on the company's progress in compliance preparations. Revolut currently holds banking licenses in the UK, Australia, Colombia, and France, and has received conditional approval to establish a bank in the US. Furthermore, the company applied for a banking license in Switzerland in September.