🇲🇽 Revolut Conquers Mexico: First Bank Outside Europe Launched!
Fintech giant Revolut has officially moved from words to action and launched full banking operations in Mexico. This is not just an expansion but a strategic move: Mexico has become the first market outside of Europe where the company has obtained a full banking license.
What you need to know:
Capital: Revolut entered the market with capital exceeding $100 million, double the minimum regulatory requirements.Status: This is the country's first independent digital bank to receive a license "from scratch" via a direct application.Ambition: Mexico will serve as the testing ground for expansion into other emerging markets. The company's goal is to reach 100 million active customers in 100 countries.
Why is this important for the crypto world?
Revolut has long been known for its favorable stance towards digital assets. The expansion into Latin America, where interest in fintech and alternative finance is huge, could boost the mass adoption of digital banking tools and build new bridges between traditional finance and the world of Web3.
The Mexican market has already become a "battleground" between Nubank, MercadoLibre, and now Revolut. The competition promises to be fierce! 🔥
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