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.
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.