Revolut Secures First Banking License Outside Europe as Full Operations Launch in Mexico

Revolut, the global fintech giant, has officially launched full banking operations in Mexico, marking a major milestone as the company establishes its first bank entity outside of the European continent.The move sees the end of the company’s beta phase in the country. Now operating as Revolut Bank S.A. Institución de Banca Múltiple, the challenger bank aims to use its Mexican operations as a blueprint for further expansion into other high-growth markets globally.A strategic foothold in LatAmRevolut has capi ...