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Central Bank of Argentina
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- 1Revolut wins approval from Central Bank of Argentina●Revolut gets Central Bank of Argentina approval
Fintech company Revolut has received approval from the Central Bank of Argentina, clearing a regulatory hurdle for its operations in the country. The approval marks another step in the company's expansion across Latin America, where demand for digital banking and foreign currency services remains high amid local economic volatility. Further details about the scope of the licence were not immediately disclosed.
- 2Revolut Wins Central Bank Approval to Buy Argentina's Banco Cetelem▼Revolut Receives Central Bank Approval for the Acquisition of Banco Cetelem in Argentina
Revolut has received approval from Argentina's central bank to proceed with its acquisition of Banco Cetelem, the Argentine banking unit. The clearance removes a key regulatory hurdle for the fintech company's expansion into Argentina's retail banking market. The move marks a significant step in Revolut's push into Latin America, allowing it to operate through an established local bank rather than building its licence from scratch.