Revolut, the global fintech with over 70 million customers, has officially launched its full banking operations in Mexico

Revolut, the global fintech with over 70 million customers, announced the end of its Beta phase today, officially launching its full banking operations in Mexico.

Revolut Bank S.A Institución de Banca Múltiple is the first bank that Revolut has established and launched outside of the European continent. This strategic expansion into one of the world’s key markets extends Revolut's presence to 40 countries and demonstrates its commitment to delivering innovative financial solutions globally.

Revolut is the first independent digital bank to obtain a banking license in Mexico through a direct application, and has capitalized its operations with over USD$100M - more than double the regulatory minimum - reflecting a deep, long-term commitment to the market. This provides a Capital Adequacy Ratio (CAR) of 447.2% at launch, ensuring the financial stability and security of its new operations and aligning with Revolut's global strategy of prudent financial management.

Nik Storonsky, Revolut’s Co-founder and CEO, commented: "Revolut's technology will empower millions across Mexico with better financial tools. This launch is a blueprint for expansion into other high-growth markets, and we are confident in replicating this success on our journey to reach over 100 million daily active customers in 100 countries."

Juan Guerra, CEO of Revolut Bank, said: "We have arrived to revolutionize banking in Mexico. Finally, there is an elegant digital alternative to traditional institutions, offering everything from high-yield savings to seamless international transfers and tools for the whole family. Revolut Bank S.A. has launched to help people in Mexico get more out of their money, and this is only the beginning."

Source: Revolut
Date: 28.01.2026