Revolut has received final regulatory approval to operate as a fully licensed digital bank in Mexico, officially entering the country’s retail banking sector. This approval enables Revolut to offer various financial products under local banking supervision.

The authorization signifies that Revolut is one of the few international digital banks to complete Mexico’s full licensing process, indicating ongoing expansion of fintech competition within the market. According to Revolut representatives, the launch aims to enhance access to digital banking options and foster consumer choice across the country’s financial ecosystem.

Revolut officials expressed gratitude towards regulators for their support, viewing the approval as recognition of the company’s efforts to improve financial inclusion and competitiveness in the sector. The upcoming entry into Mexico is expected to provide residents with a broader range of financial services via a regulated platform.

Expansion Plans

In October 2025, Revolut announced that it had obtained authorization from the Superintendencia Financiera de Colombia (SFC) to establish Revolut Bank Colombia S.A. This marks the first regulatory step for Revolut in Colombia, setting the stage for developing its banking operations and infrastructure.

This initial approval is part of two main objectives required for Revolut to operate as a bank. The next step involves obtaining a functional license, or Licencia de Funcionamiento. Upon achieving these foundational steps, Revolut plans to roll out a full suite of digital banking products in 2026, tailored to meet the needs of the Colombian market.