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

TheNewsCrypto2026-01-20 tarihinde yayınlandı2026-01-20 tarihinde güncellendi

Özet

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

Trend Kriptolar

CitreaCTR

wrapped stUSDTWSTUSDT

Velodrome FinanceVELODROME

BrevisBREV

PancakeSwapCAKE

JUSTJST

İlgili Sorular

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.

İlgili Okumalar

In Conversation with Ray Dalio: We Are Currently in an AI Bubble, with 1% of My Portfolio in Bitcoin

Ray Dalio, founder of Bridgewater Associates, warns in an interview that the current AI boom shows classic bubble characteristics, which could lead to significant economic downturns as seen in past cycles like 1929 or 2000. He explains that speculative enthusiasm, fueled by debt and overvaluation, often precedes a crash when rising rates or taxation force asset sales, causing widespread losses and recession. Dalio also outlines his "Big Cycle" theory, describing an approximate 80-year pattern where widening wealth gaps, massive government deficits, and shifting geopolitical power (like China's rise) create internal conflict and global instability. He emphasizes that we are in a late-cycle, transitional phase where traditional powers like the US and UK face decline. For personal wealth protection, Dalio advises diversification beyond cash into assets like stocks, bonds, real estate, and particularly gold, which he prefers over Bitcoin. While he holds about 1% of his portfolio in Bitcoin as a non-printable hard asset, he views gold as more secure from technological or governmental threats. Regarding AI's impact, Dalio believes it will disproportionately benefit capital owners, worsening inequality by replacing both physical and cognitive labor. He suggests that human intuition and emotional intelligence, combined with AI, will be key for future workers. On taxation, Dalio argues that wealth taxes are impractical and risk triggering asset sell-offs, reducing productive investment. He points to the UK as a cautionary example of debt, low productivity, and political strife. Geopolitically, Dalio foresees a more regionalized world, with the US showing weakness in prolonged conflicts like with Iran, akin to past imperial declines. The ideal outcome, he suggests, is coexisting powerful blocs (e.g., Americas, China-Asia Pacific) without major war.

marsbit2 saat önce

In Conversation with Ray Dalio: We Are Currently in an AI Bubble, with 1% of My Portfolio in Bitcoin

marsbit2 saat önce

Daily 7.2 Trillion KRW: Foreign Capital's Record Net Buying on Friday! Wall Street Says Headwinds for Korean Stock Fund Flows Have Subsided

South Korean stock market sees a dramatic shift in fund flows. On July 31, foreign investors made a record net purchase of approximately KRW 7.2 trillion in KOSPI stocks, marking a fundamental reversal from the persistent large-scale net outflows seen in previous months. This contributed to a significant narrowing of foreign net selling in July to KRW 9.8 trillion, down sharply from KRW 48.4 trillion in June and KRW 44.5 trillion in May. Simultaneously, domestic institutional pressure eased. South Korean pension funds and asset managers turned to a net buying position in July, purchasing KRW 1.0 trillion worth of KOSPI shares, contrasting with net sales in May and June. Market volatility is expected to be dampened by new financial regulations. Effective July 31, the Financial Services Commission tightened access for retail investors to single-stock leveraged ETFs by raising the minimum cash deposit requirement. Trading volumes for these products subsequently dropped to about 50% of their monthly average. Citigroup Research maintains its year-end KOSPI target of 10,000 points. The firm cites several supportive factors: the substantial easing of headwinds from capital outflows, a robust fundamental outlook for the semiconductor sector, historically low market valuations, strong economic fundamentals, and the potential for policy support from financial authorities if needed.

marsbit2 saat önce

Daily 7.2 Trillion KRW: Foreign Capital's Record Net Buying on Friday! Wall Street Says Headwinds for Korean Stock Fund Flows Have Subsided

marsbit2 saat önce

Breaking! OpenAI's Next-Gen AI Solves 10 Fields Medal-Level Problems

OpenAI's next-generation AI model Astra achieves breakthroughs in 10 long-standing mathematical conjectures. The results, including constructing the first known infinite, finitely presented non-sofic group—resolving a major question since 1999—and advancing the high-dimensional sphere packing problem beyond a 46-year-old barrier, are detailed in a 249-page paper. Key proofs have been formally verified using Lean 4. The AI also refuted a rigidity conjecture by Fields Medalist Alain Connes. According to OpenAI, generating these proofs cost under $2,000. Experts describe the findings as potentially Fields Medal-worthy and a landmark moment for both mathematics and AI, showcasing the model's ability to produce profound, human-like reasoning across diverse fields like group theory, geometry, and operator algebras.

marsbit4 saat önce

Breaking! OpenAI's Next-Gen AI Solves 10 Fields Medal-Level Problems

marsbit4 saat önce

How to Make Yourself Irreplaceable by AI Forever

This article argues that the primary threat from AI is not job replacement, but remaining trapped in "wage slavery"—financial dependence on employers. The path to becoming irreplaceable is not resisting AI, but becoming an "unemployable" individual who builds their own meaningful enterprise. The author identifies five key elements for this: Agency (acting without permission), Taste (judging what's worthwhile), Persuasion, Persistence, and Iteration. The solution is to stop being a "pawn" in someone else's game. To start, you must fundamentally change your identity and environment, then engage in rapid, real-world trial and error. While both coding and creating media (content) are powerful, content is more crucial. AI can generate assets, but true value lies in subjective, human-driven content that builds trust and narrative. The actionable advice is to carve out 15 minutes to answer foundational questions: 1) Uncover your "raw material"—what you know deeply or solve effortlessly. 2) Define your contrarian perspective—what common beliefs you think are wrong. The intersection of these answers is your direction. Finally, you must launch by publishing your first core idea immediately, using the feedback to iterate and develop the skills needed for a self-directed life and career.

marsbit4 saat önce

How to Make Yourself Irreplaceable by AI Forever

marsbit4 saat önce

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

The article discusses using dice rolls to generate secure Bitcoin wallet seeds, providing entropy independent of potentially flawed hardware random number generators. It explains that each fair dice roll offers about 2.585 bits of entropy, with around 50 rolls needed for a standard 12-word seed phrase and 99+ recommended for higher security. This method gained attention after a vulnerability was revealed in some Coldcard hardware wallets, where a faulty firmware RNG (dating back to 2021) compromised generated keys. The analysis notes that while a dice-generated main seed was safe from this specific flaw, other Coldcard functions (like creating paper wallets, backup keys, or passwords) could still be vulnerable if they used the defective RNG. The piece argues that while dice-based entropy is technically robust, the manual process is error-prone, tedious, and unrealistic for most new users, who might make mistakes in recording or inputting rolls. It concludes that while manual entropy generation should remain an option for advanced users, the long-term goal is to develop reliable, user-friendly hardware and software that securely generates randomness without requiring specialized knowledge. Coldcard users are advised to check their firmware version and replace any secondary secrets (like paper wallet keys) created with vulnerable devices, while also considering multi-signature setups with devices from different manufacturers for added security.

cryptonews.ru7 saat önce

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

cryptonews.ru7 saat önce

İşlemler

Spot

Popüler Makaleler

PUSH Nasıl Satın Alınır

HTX.com’a hoş geldiniz! Push Protocol (PUSH) satın alma işlemlerini basit ve kullanışlı bir hâle getirdik. Adım adım açıkladığımız rehberimizi takip ederek kripto yolculuğunuza başlayın. 1. Adım: HTX Hesabınızı OluşturunHTX'te ücretsiz bir hesap açmak için e-posta adresinizi veya telefon numaranızı kullanın. Sorunsuzca kaydolun ve tüm özelliklerin kilidini açın. Hesabımı Aç2. Adım: Kripto Satın Al Bölümüne Gidin ve Ödeme Yönteminizi SeçinKredi/Banka Kartı: Visa veya Mastercard'ınızı kullanarak anında Push Protocol (PUSH) satın alın.Bakiye: Sorunsuz bir şekilde işlem yapmak için HTX hesap bakiyenizdeki fonları kullanın.Üçüncü Taraflar: Kullanımı kolaylaştırmak için Google Pay ve Apple Pay gibi popüler ödeme yöntemlerini ekledik.P2P: HTX'teki diğer kullanıcılarla doğrudan işlem yapın.Borsa Dışı (OTC): Yatırımcılar için kişiye özel hizmetler ve rekabetçi döviz kurları sunuyoruz.3. Adım: Push Protocol (PUSH) Varlıklarınızı SaklayınPush Protocol (PUSH) satın aldıktan sonra HTX hesabınızda saklayın. Alternatif olarak, blok zinciri transferi yoluyla başka bir yere gönderebilir veya diğer kripto para birimlerini takas etmek için kullanabilirsiniz.4. Adım: Push Protocol (PUSH) Varlıklarınızla İşlem YapınHTX'in spot piyasasında Push Protocol (PUSH) ile kolayca işlemler yapın.Hesabınıza erişin, işlem çiftinizi seçin, işlemlerinizi gerçekleştirin ve gerçek zamanlı olarak izleyin. Hem yeni başlayanlar hem de deneyimli yatırımcılar için kullanıcı dostu bir deneyim sunuyoruz.

715 Toplam GörüntülenmeYayınlanma 2024.12.13Güncellenme 2026.06.02

Tartışmalar

HTX Topluluğuna hoş geldiniz. Burada, en son platform gelişmeleri hakkında bilgi sahibi olabilir ve profesyonel piyasa görüşlerine erişebilirsiniz. Kullanıcıların PUSH (PUSH) fiyatı hakkındaki görüşleri aşağıda sunulmaktadır.