Revolut received a banking license in Mexico and is preparing to expand operations in Latin America's second largest economy with an aim to facilitate cross-border remittances.
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Fintech Revolut receives Mexican banking authorization, eyes expansion
"The company, which launched in Britain in 2015 and now boasts more than 40m customers worldwide, said it will establish itself as a multiple banking institution after getting the green light from Mexico's National Banking and Securities Commission."
