Revolut launches fully licensed digital bank in Mexico #
Revolut has officially launched a fully licensed digital bank in Mexico, marking a major step in its expansion across Latin America. The launch follows regulatory approval from Mexican authorities, allowing Revolut to offer local banking services including accounts, payments, and other core financial products under a domestic banking licence
Mexico is one of Revolut’s largest markets by user growth, and the company said the local licence will enable it to tailor products to regional needs while operating within the country’s regulatory framework. The move underscores Revolut’s strategy of entering new markets through full regulatory authorisation rather than partnerships, as it continues to build a global banking footprint.