Debit card targeting millennials is 'operating without permission'

FCA said Lanistar had not been authorised to operate in UK

Consumers are being warned about a much-hyped debit card targeting millennials, after the City regulator said it was operating without permission.

Lanistar launched its app earlier this week amid social media fanfare, having convinced celebrities including Love Island’s Chris Hughes and Tommy Fury, the model Demi Rose, and Cristiano Ronaldo’s girlfriend, Georgina Rodriguez, to back the card on Instagram.

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