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.
British fintech Revolut announced on Jan 27, 2026 that it has launched full banking operations in Mexico, concluding its testing phase. This marks Revolut’s first bank outside Europe and could expand access to its digital and crypto services in the region.