PANews
PANews|Jan 19, 2026 15:45
[Revolut Applies for Full Banking License in Peru to Expand Latin American Market] According to Bloomberg, British fintech company Revolut has applied for a full banking license in Peru to expand its business in Latin America and compete with major fintech companies in the region. The company stated that the license would enable Revolut to offer a range of localized products and services to Peruvian users, enhancing their control over their finances. Peru is the fifth country in Latin America that Revolut has entered. Previously, the company obtained a banking license in Mexico, received approval to establish a bank in Colombia, acquired a bank in Argentina, and holds a credit license in Brazil.
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