Revolut is advancing towards becoming a primary banking service, focusing on expanding its offerings and market reach. The fintech firm recently obtained a banking license in Mexico, increased its valuation by 45%, and expanded its workforce by 40%.
David Tirado Blanco, VP of profitability and global business, emphasized the goal of making Revolut the main banking platform for users by continually innovating and penetrating diverse market segments. However, Revolut still awaits approval for a UK banking license, facing regulatory scrutiny.
