Revolut launches full banking operations in Mexico

Revolut said today 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 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 $100m - more than double the regulatory minimum.The expansion into Mexico, one of Latin America's largest economies, comes as global f ...