Revolut Seeks Full Banking Licence in Peru to Expand Latin America Push

TheNewsCryptoPublicado em 2026-01-20Última atualização em 2026-01-20

Resumo

Revolut has applied for a full banking license in Peru to expand its Latin American operations. If approved, the UK-based digital bank will operate as a fully regulated lender, offering localized banking products and competing directly with established banks. Peru's financial system is highly concentrated, with the top four banks holding 82% of all loans. Revolut sees an opportunity to increase competition and improve access, particularly for underserved users. Remittances are a key focus, as one million Peruvians rely on money sent from abroad. The move is part of Revolut's broader strategy, which has seen strong growth in crypto services and record profits in 2024.

Bloomberg has recently reported that Revolut has applied for a complete banking licence in Peru as it moves forward for its expansion over Latin America. If the licence is accepted, it would permit the London-based digital bank to work as a completely regulated lender in the nation.

It would also add Peru to a growing regional footprint that so far includes Mexico, Colombia, Argentina and Brazil. The firm revealed that the licence would permit it to introduce localised banking products and fight head-on with the incumbent banks of the country instead of newer fintech challengers.

The financial system of Peru is mostly concentrated, with the four biggest banks accounting for around 82% of the overall loans, as per the data from the national banking regulator SBS. The chief executive officer of Revolut Peru, Julien Labrot, revealed that the company finds an opportunity to surge competition and boost access to financial services, mainly for underserved users.

Remittances are anticipated to act as a core in the strategy, with Labrot mentioning that about one million people in Peru depend on money sent from abroad. As per the World Bank, personal remittances to Peru stood at $4.93 billion in 2024.

The Initiation of Licence Application

The licence application is initiated as Revolut carries on to scale its wider platform, adding its crypto and digital asset services. The neobank, founded in 2015, listed a record year in April 2025, having 2024 net profit surge 130% to 790 million pounds, influenced by customer growth and a rebound in cryptocurrency trading.

In October last year, Revolut rolled out 1:1 U.S. dollar conversions for stablecoins, permitting users to exchange dollars directly for USDC and USDT. The push of the firm indicates a broader trend among fintech companies in Latin America delving deeper into crypto and stablecoin-based services.

Mercado Libre rolled out a dollar-pegged stablecoin in Brazil in 2024, and at the same time Nubank is creating stablecoin payments associated with its credit products.

Highlighted Crypto News Today:

BitMine Stakes $5.66B in ETH as Institutional Demand Drives Market Shift

TagsAmericaLicenseRevolut

Criptomoedas em alta

ctr
CitreaCTR
wstusdt
wrapped stUSDTWSTUSDT
apr
aPrioriAPR
ctx
Cryptex FinanceCTX
audio
AudiusAUDIO
comp
CompoundCOMP
mantra
MantraMANTRA
waxl
AxelarWAXL
bill
Billions NetworkBILL
pyth
PYTH (Pyth)PYTH
rune
THORChainRUNE
velodrome
Velodrome FinanceVELODROME
brev
BrevisBREV
cake
PancakeSwapCAKE
jst
JUSTJST

Perguntas relacionadas

QWhat is the main reason Revolut is seeking a full banking license in Peru?

ATo expand its Latin American operations and become a fully regulated lender, allowing it to introduce localized banking products and compete directly with the country's incumbent banks.

QWhich countries in America are already part of Revolut's regional footprint mentioned in the article?

AMexico, Colombia, Argentina, and Brazil.

QAccording to the article, what is anticipated to be a core part of Revolut's strategy in Peru?

ARemittances, as about one million people in Peru depend on money sent from abroad.

QWhat significant financial milestone did Revolut report in April 2025?

AIt listed a record year with a 2024 net profit surge of 130% to 790 million pounds, driven by customer growth and a rebound in cryptocurrency trading.

QName one other fintech company in Latin America that is also delving into stablecoin services, as mentioned in the article.

AMercado Libre, which rolled out a dollar-pegged stablecoin in Brazil in 2024, or Nubank, which is creating stablecoin payments associated with its credit products.

Leituras Relacionadas

In Jinjiang, Fujian, a Storage Super Unicorn Lies Quiet

In Fujian's Jinjiang, a city known for sportswear, lies a quiet semiconductor giant: Fujian Jinhua Integrated Circuit Co. (JHICC). Once a promising domestic DRAM manufacturer alongside Yangtze Memory and ChangXin Memory Technologies (CXMT), its journey was derailed in 2018 when the U.S. placed it on an Entity List and filed criminal charges for alleged trade secret theft. This halted production for years. A turning point came in February 2024 when a U.S. federal court found JHICC not guilty. However, it had lost crucial time. While CXMT soared to become a top-valued A-share company in 2024, JHICC, with an estimated valuation of 80 billion RMB, was just restarting. Its current output is primarily customized DDR4 chips, not the advanced DDR5/HBM demanded for AI, but it still benefits from the broader memory chip upcycle. JHICC's story is tied to Chen Zhengkun, a veteran engineer who left Micron to lead the venture. Founded in 2016 with state-backed funding, JHICC partnered with Taiwan's UMC to develop DRAM technology. Rapid progress was cut short by the U.S. actions, which Micron initiated, partly due to its heavy reliance on the Chinese market. Post-sanctions, Chen's team worked to rebuild the production line with reduced reliance on U.S. technology. According to its records, JHICC achieved small-scale production and revenue growth under immense pressure. It now focuses on the stable "niche" DRAM market (e.g., TVs, routers) with a monthly capacity of ~40,000 wafers, aiming for 60,000 by 2026. It holds over 1,000 patents but remains on the Entity List. For Jinjiang, investing in JHICC was a bold industrial leap. The local government provided unwavering financial and logistical support during the crisis, helping the company survive. JHICC has become the anchor for a growing local semiconductor cluster. Though its scale lags behind domestic peers, JHICC's persistence symbolizes a hard-won foothold in a global market long dominated by Samsung, SK Hynix, and Micron. Having missed one boom, it seeks a place in the new AI-driven memory supercycle.

marsbitHá 29m

In Jinjiang, Fujian, a Storage Super Unicorn Lies Quiet

marsbitHá 29m

Amid a 38GW Power Shortage, Why Have Bitcoin Mining Facilities Suddenly Become the New Gateway to AI Compute?

Under the impending threat of a 38GW power deficit projected for US data centers between 2026-2028, decommissioned Bitcoin mining sites are emerging as critical infrastructure for AI compute. A growing number of listed North American miners—including TeraWulf, Hut 8, and Cipher Mining—are pivoting to become "Powered Shell Providers." They are repurposing their existing assets: pre-approved grid connections, land, and substations to offer ready-to-use data center shells to cloud providers and AI companies. This shift capitalizes on the severe bottleneck in securing new, large-scale power access, which can take 5-7 years. Analysts at Morgan Stanley estimate retrofitted mining facilities could supply 10-19GW of the needed capacity. The core value proposition is no longer cryptocurrency mining, but selling a scarce "time to power" advantage in the race for AI infrastructure.

华尔街日报Há 29m

Amid a 38GW Power Shortage, Why Have Bitcoin Mining Facilities Suddenly Become the New Gateway to AI Compute?

华尔街日报Há 29m

Michael Saylor: 'We Never Said We Would Never Sell Bitcoin'

Michael Saylor stated that his company never made a commitment to never sell its bitcoin holdings, though it expects to remain a net buyer of bitcoin long-term. His comments came following reports that the company had received new authorization to sell up to $5 billion in bitcoin. Saylor clarified that this authorization is not new and was announced on June 29th as part of the company's capital management strategy. He emphasized that the authorization permits but does not obligate sales for specific purposes and that no new approval has been announced. Saylor also noted the company never officially adopted a "bitcoin will never be sold" policy.

cryptonews.ruHá 1h

Michael Saylor: 'We Never Said We Would Never Sell Bitcoin'

cryptonews.ruHá 1h

The 'Summer Saw' Continues: A Break Above $67,000 Could Signal the Start of Bitcoin's Rally

Bitcoin continues to consolidate within a $58,000–$67,000 range, with its price dropping to $62,217 on August 1st. Analysts are divided on the next direction. Trader Crypto Candy suggests a potential drop towards $60,000 if the price remains below $66,000. Investor Jelle refers to the prolonged sideways movement as a "summer saw" and maintains a dollar-cost averaging strategy. The key upside scenario hinges on a breakout above $67,000. Daan Crypto Trades states that without this, the movement risks being just an extended pause. Roman projects a sharper rise to $70,000–$80,000+ if a breakout occurs with sufficient volume. Macro-analyst Gert van Lagen views this as an accumulation phase within a multi-year "cup and handle" pattern. He notes that long-term holders are refusing to sell, as indicated by the NUPL metric staying far from capitulation. In summary, the market is in an accumulation phase, with the $60,000 and $67,000 levels being critical. A break above $67,000 could initiate significant growth, while a fall below $60,000 may lead to further decline. The recent pullback shows that legislative catalysts have provided only short-lived momentum, raising questions about the sustainability of any future breakout attempts.

cryptonews.ruHá 1h

The 'Summer Saw' Continues: A Break Above $67,000 Could Signal the Start of Bitcoin's Rally

cryptonews.ruHá 1h

Must-Watch Events Next Week｜CLARITY Act Could Face Senate Vote; SpaceX, Circle to Report Earnings (8.3-8.9)

**Summary: Key Events and Developments to Watch (August 3-9)** The upcoming week is marked by significant financial disclosures, key legislative deadlines, and notable product updates. **Major Financial Events:** Several companies are scheduled to release their Q2 2026 earnings. American Bitcoin (ABTC) will report on August 3, followed by SpaceX and Hut 8 Mining Corp. on August 4, and Circle on August 5. Notably, a significant portion of SpaceX shares (up to 12% of total shares) will be unlocked on August 6 following their earnings release. **Key Legislative Deadline:** The U.S. Senate faces an August 7 deadline to secure 60 votes for the CLARITY Act, a bipartisan bill aiming to establish a federal regulatory framework for cryptocurrencies. The Senate may hold a full vote on the bill during the week. **Economic Data:** The U.S. July Non-Farm Payrolls report will be released on August 7, providing crucial labor market data. **Technology & Product Updates:** * **Shutdowns:** DeFi portfolio tracker Zapper and wallet app Ctrl Wallet will cease operations on August 3. * **Upgrades:** LayerZero will deprecate its v1 relayers on August 3. XRP Ledger's new version 3.3.0, featuring five new functions, is expected next week. * **AI:** Elon Musk announced that the advanced Grok 4.6 AI model is set for release around August 7. * **Bitcoin:** The BIP-110 forced signaling for a potential Bitcoin network change is scheduled to begin around August 8. **Other Notable Events:** Chinese robotics firm Unitree Tech has set its preliminary price inquiry for its IPO for August 5. South Korean exchange Upbit will delist AQT and AERGO tokens on August 3.

marsbitHá 2h

Must-Watch Events Next Week｜CLARITY Act Could Face Senate Vote; SpaceX, Circle to Report Earnings (8.3-8.9)

marsbitHá 2h

Trading

Spot

Artigos em Destaque

Como comprar PUSH

Bem-vindo à HTX.com!Tornámos a compra de Push Protocol (PUSH) simples e conveniente.Segue o nosso guia passo a passo para iniciar a tua jornada no mundo das criptos.Passo 1: cria a tua conta HTXUtiliza o teu e-mail ou número de telefone para te inscreveres numa conta gratuita na HTX.Desfruta de um processo de inscrição sem complicações e desbloqueia todas as funcionalidades.Obter a minha contaPasso 2: vai para Comprar Cripto e escolhe o teu método de pagamentoCartão de crédito/débito: usa o teu visa ou mastercard para comprar Push Protocol (PUSH) instantaneamente.Saldo: usa os fundos da tua conta HTX para transacionar sem problemas.Terceiros: adicionamos métodos de pagamento populares, como Google Pay e Apple Pay, para aumentar a conveniência.P2P: transaciona diretamente com outros utilizadores na HTX.Mercado de balcão (OTC): oferecemos serviços personalizados e taxas de câmbio competitivas para os traders.Passo 3: armazena teu Push Protocol (PUSH)Depois de comprar o teu Push Protocol (PUSH), armazena-o na tua conta HTX.Alternativamente, podes enviá-lo para outro lugar através de transferência blockchain ou usá-lo para transacionar outras criptomoedas.Passo 4: transaciona Push Protocol (PUSH)Transaciona facilmente Push Protocol (PUSH) no mercado à vista da HTX.Acede simplesmente à tua conta, seleciona o teu par de trading, executa as tuas transações e monitoriza em tempo real.Oferecemos uma experiência de fácil utilização tanto para principiantes como para traders experientes.

581 Visualizações TotaisPublicado em {updateTime}Atualizado em 2026.06.02

Como comprar PUSH

Discussões

Bem-vindo à Comunidade HTX. Aqui, pode manter-se informado sobre os mais recentes desenvolvimentos da plataforma e obter acesso a análises profissionais de mercado. As opiniões dos utilizadores sobre o preço de PUSH (PUSH) são apresentadas abaixo.

活动图片

Categorias popularesright-arrow

Etiquetas Popularesright-arrow