Revolut Cleared to Kick Off Banking Operations in Mexico

Bloomberg Technology•Monday, October 20, 2025 at 11:00:00 AM

Revolut Ltd. has received approval to launch its banking operations in Mexico, marking a significant step in the competitive fintech landscape of Latin America. This is the second regulatory green light for Revolut in the region this month, positioning it against established players like Nu Holdings and MercadoLibre. This expansion not only enhances Revolut's presence but also signifies the growing demand for innovative financial services in Mexico, which could lead to more options for consumers.

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