Revolut Launches Digital Bank in Mexico After Securing License

Published at 2026-01-30 12:30:12

Revolut announced the launch of full banking services in Mexico after securing a domestic banking license via a direct application. The neobank says it will target digital-first customers who want a modern alternative to traditional banks, offering core banking features to a market with growing mobile adoption and demand for faster, lower-cost financial services.

The entry is significant for Mexico’s fintech landscape: it strengthens competition for local banks and digital challengers and could accelerate product innovation around payments, cross-border transfers and consumer investing. For customers, the arrival of an internationally recognized fintech may widen access to digital financial tools; for regulators and incumbents, it underscores the need to adapt as global neobanks expand into high-potential markets.

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Hong Kong on Jan 31, 2026 enacted new rules for stablecoins and tightened overall crypto oversight, calling the sector a “new growth engine.” Regulators say the move creates clearer frameworks for market participants and aims to boost investor protection and market integrity.

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Published at 2026-02-01 03:15:09

SoFi Posts Record $1B Q4 Revenue After Crypto Comeback

SoFi reported a record quarterly revenue of $1 billion in Q4 after reintroducing crypto trading, launching a stablecoin, and deploying blockchain-based remittance services. The fintech says its crypto products materially contributed to heightened user activity and new revenue streams.

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Published at 2026-01-30 22:00:11

Kraken-Linked SPAC Raises $345 Million in Upsized IPO

A Kraken-affiliated SPAC completed an upsized IPO on Jan. 30, 2026, raising $345 million. The capital boost reflects continued investor interest in crypto-focused acquisition vehicles.

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Published at 2026-01-30 18:00:17

Mesh Raises $75M, Hits $1B Valuation to Build Global Crypto Payments Rails

Mesh raised $75 million in a Series C round, becoming a crypto unicorn at a $1 billion valuation as it pushes to unify fragmented digital asset payment rails worldwide. The capital will fund expansion of its payments infrastructure and merchant integrations.

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Published at 2026-01-30 07:45:30

Bybit to Launch Retail Bank Accounts with Personal IBANs in February

Bybit will roll out “My Bank” retail accounts in February, offering personal IBANs, instant fiat access, multi-currency transfers and the ability to trade crypto under users' own names. The offering folds traditional banking features into the exchange experience, improving fiat on- and off-ramps for retail customers.