Revolut Secures Full Banking License in Mexico, Entering New Market

UK-based fintech company Revolut has received final regulatory approval to operate as a full-fledged bank within Mexico, marking its debut into the Latin American banking scene. This marks Revolut’s first banking license in the region and opens doors for expanded financial services across the country. 🧠 The move is set to challenge local players like Nubank and MercadoLibre. 💰 Revolut’s new Mexican operation has begun with a waitlist-based rollout, allowing users to begin their journey into the world of banking via this platform.