Revolut targets Latam growth with massive $1 billion investment. The British firm expects one in every four customers acquired in 2027 to come from Latam, and it is ready to invest at least a billion dollars in the coming years to sustain this growth through investments in Brazil, Mexico, Colombia, Peru, and Argentina. Key takeaways. * Revolut will invest at least $1 billion into Latam markets to fuel its 2027 user growth and expansion plans. * The firm is securing banking licenses in Mexico and Peru and launching in Colombia to capture market share. * Revolut expects Latam to drive 25% of its new 2027 users, opting to build in-house tech rather than acquire. Revolut announces significant expansion into Latam markets. As traditional markets are giving signs of being crowded with fintech and crypto alternatives, companies are looking to Latam to expand their platforms and acquire new customers. Revolut, the British fintech and crypto firm, is doing just that, targeting Latam as a pivotal region for its growth plans from 2027 going forward. With Brazil cemented as its largest growth market, Revolut believes one in every 4 customers acquired in 2027 will come from Latam, and it wants to be sure that the infrastructure and services are available to retain them. To this end, the company has announced that it is ready to put at least $1 billion into Latam markets, targeting countries like Brazil, Mexico, Colombia, Peru, and Argentina, where the company already operates or is on the verge of starting operations. Carlos Urrutia, general manager of international expansion at Revolut, told investors that the company is ready to re-examine its results in Latam and commit more resources to the region. "This is not the maximum value. It's a number we're committed to for now, and that could grow as we see that markets need more," he declared. "We have achieved this commitment of US$1 billion as a minimum investment. If we see, quarter after quarter, opportunities worth accelerating, we are a healthy company, with a solid balance sheet," said Glauber Mota, CEO of Revolut in Brazil. The nations in focus. Revolut has been making inroads in Peru, where it is in the final steps of receiving a full banking license, and Mexico, where it also recently received a similar license from local regulators. It is also on the verge of launching a local operation in Colombia, where it is currently building a waitlist for its launch. The company explained that to select Latam as the focus of its expansion plans, it evaluated four key aspects, including the openness of regulators, a young and large population, the openness towards digital services, and ties to markets where the company already operates. Urrutia believes Latam combines them all. Outside of these key five nations, Chile is another country that is in the sights of Revolut: "We cannot give deadlines for Chile. It's more a question of when than if," said Urrutia, who also stressed that there would be no acquisitions as the company seeks to develop all in-house to avoid integrating technologies outside the company's standards. WRITTEN BYSergio Goschenko Sergio is a cryptocurrency journalist based in Venezuela with 2,000+ articles published, cited in dozens of papers and reports.

Revolut hits $115 billion valuation as it takes on global banking. With more than 80 million customers and $2.3 billion in annual pre-tax profit, Revolut is pushing beyond payments. Its next challenge is becoming the bank customers use for everything. Revolut built its following by making spending abroad and moving money easier. Investors are now backing a much bigger ambition: turning that app into a global banking business. The company announced on November 4 that its latest investment transaction values it at $115 billion, up roughly 53% from $75 billion in November 2025. Revolut now serves more than 80 million retail customers. The transaction was led by Glade Brook Capital Partners, Coatue, Durable Capital Partners, accounts advised by T. Rowe Price Associates, and Baillie Gifford. Employees again had an opportunity to sell shares. The announcement did not disclose the transaction's size: $115 billion is the company's valuation, not the amount raised. The business behind the price tag. Revolut's appeal goes beyond customer growth. It has built a profitable business across payments, subscriptions, foreign exchange and wealth services. Its latest full-year results show revenue and profit rising together: The company reported a 38% pre-tax profit margin and its fifth consecutive year of net profitability. Card payments generated $1.3 billion in revenue, while subscriptions contributed $936 million. For investors, that matters because Revolut already earns money from several parts of a customer's financial life. Banking licences give it more room to expand that relationship. From travel app to everyday bank. Revolut says it launched banks in the UK, Mexico, Australia and New Zealand this year, alongside further licensing milestones elsewhere. New Zealand illustrates what changes for customers. Its November 3 launch introduced instant-access savings accounts covered by the country's Depositor Compensation Scheme, backed by a commitment to invest NZ$120 million over five years. The commercial opportunity is straightforward: customers who already use Revolut to spend or transfer money could start keeping more savings there. America is the next big test. Blockster previously covered Revolut's U.S. bank-charter application. In September, the company received conditional approval from the Office of the Comptroller of the Currency. Revolut is targeting a 2027 launch, subject to remaining FDIC, Federal Reserve and final OCC approvals. Its planned offering includes loans, credit cards, insured deposits and access to stablecoins and cryptocurrencies. Those are plans for the proposed bank, rather than confirmation that it is already operating. That would bring more of Revolut's services under its own U.S. banking operation. It also connects its digital-asset ambitions with everyday finance - a direction Blockster has followed through Revolut's TRON and stablecoin integration. Describing the wider expansion, founder and CEO Nik Storonsky said: "Every bank we launch means more people get a better way to manage their money, wherever they live." - Nik Storonsky, founder and CEO, Revolut. Winning the salary account. The harder task is persuading customers to make Revolut their main bank. Reuters reported that primary-account adoption remains a priority for investors. Revolut also earns less per customer than established banks and has a comparatively small lending business. Expanding credit could generate more revenue, but brings greater exposure to borrowers who cannot repay. A private transaction's valuation also differs from a share price tested daily on a stock exchange. Investors are paying for expectations about what Revolut can become. The next stage will be measured in salaries deposited, savings retained and services used regularly. Revolut has convinced millions to download the app. Now it needs more of them to move their financial lives into it. Reporting by Lidia Yadlos Revolut Banking fintech Investment Stablecoins