Revolut launches full banking operations in Mexico in first expansion outside Europe

Jan 27 (Reuters) - Britain's Revolut said on Tuesday that it has officially launched full banking ​operations in Mexico, marking its first bank ‌established outside of Europe as the fintech accelerates its expansion ‌into high-growth markets. Revolut Bank S.A. IBM has become the first independent digital bank to secure a Mexican banking license through a direct application and has ⁠capitalized its operations ‌with over $100 million — more than double the regulatory minimum. The expansion into Mexico, o ...