Revolut has begun full banking operations in Mexico following the completion of its beta testing phase. The launch marks the introduction of Revolut Bank S.A Institución de Banca Múltiple, representing the fintech firm’s first bank outside European borders and expanding Revolut’s footprint to 40 countries. The company has received a direct banking licence from Mexican regulators, becoming the first independent digital bank to do so via this route. Revolut has allocated more than $100m in capital for it ...