Revolut Enters Mexico With 15% Yield, Forcing A Rethink On Fees And Rates

2026-01-28 - 18:30

Key Points Revolut launched in Mexico with a headline 15% savings rate, capped at 25,000 pesos ($1,389). The firm says it has put more than $100 million into the country and targets two million customers by end-2026. The move raises pressure on rivals like Nubank and Mercado Pago, and on big banks that still dominate