Revolut has been granted a full UK banking license, advancing its plan to become a global digital bank while keeping crypto and stock trading under separate structures. The move could broaden the firm's regulated product set and strengthen customer trust.
Revolut has begun full banking operations in Mexico after obtaining a banking license through a direct application, targeting digital-first consumers seeking an alternative to incumbent banks. The move expands the neobank’s global footprint and raises the stakes in Mexico’s competitive fintech market.