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Revolut Hits 1 Million Users in Mexico in Eight Months
By Duncan Randall - Tue, 09/22/2026 - 09:52
Revolut reached 1 million retail banking customers in Mexico within eight months of launch, backed by a US$167 million capital investment.
https://mexicobusiness.news/tag/digital-banking
More Finance & Fintech
Fed Hikes Interest Rates to 4%; Kapital Secures US$125 Million
By Duncan Randall - Thu, 09/17/2026 - 13:28
This week in finance: Fed raises interest rates to 4% as Kapital secures US$125 million in financing and Nelo executes a US$100 debt facility.
Nu Enters US Market, Launches Nu Global Digital Account
By Duncan Randall - Mon, 09/14/2026 - 09:46
Nu enters the US market with a fee-free digital account while launching Nu Global, backed by full banking operations and investments in Mexico.
Kapital Secures US$125 Million for AI Platform, Growth
By Duncan Randall - Fri, 09/11/2026 - 08:51
Kapital raised US$125 million from Tru Arrow Partners and Fasanara Capital to expand its AI platform across Mexico and international markets.
Mexico Sofipos Lead Consumer Credit Defaults at 11.2%
By Duncan Randall - Mon, 08/31/2026 - 12:36
Mexico's Sofipos hold just 3% of consumer credit but record an 11.2% non-performing loan ratio, leading defaults across the financial system.
Nu Net Income Hits US$1.1 Billion in 2Q26 as Mexico Bank Launches
By Duncan Randall - Tue, 08/25/2026 - 12:26
Nu Holdings posts US$1.1 billion net income in 2Q26, reaches 16 million Mexican users, and officially begins commercial bank operations in Mexico.
Credit for Mexican Commercial Banks to Grow 6-8% in 2026: S&P
By Duncan Randall - Wed, 08/19/2026 - 11:49
S&P National Ratings projects Mexican commercial bank credit growth between 6% and 8% in 2026, backed by strong capitalization and consumer demand.
The New Differentiator for Mexican Banking
By Eduardo Azuara - Tue, 08/18/2026 - 08:30
Mexico's digital banking must leverage real-time infrastructure and AI to combat fraud, gain trust, and drive growth, writes Eduardo Azuara.
Instant Payments Reshape LatAm Banking Competition: Study
By Duncan Randall - Fri, 08/14/2026 - 10:43
Instant payments grew 130-fold in Latin America from 2017-2024, driving banks to modernize core infrastructure and adapt to cross-border competition.
Vinte Prepares BIVA Issuance as Mexico ESG Bond Market Rebounds
By Duncan Randall - Thu, 08/13/2026 - 13:56
This week in finance: Vinte prepares MX$300 million BIVA issuance as Mexico’s ESG bond market surges 132% in 1H26 to MX$197 billion.
Revolut México Reaches 635,000 Users in 2Q26, Deposits Jump 94%
By Duncan Randall - Mon, 08/10/2026 - 10:45
Revolut Bank México reached 635,000 users and MX$7.278 billion in deposits in 2Q26, backed by US$167M in cumulative capital investment.