Fintech Insider Podcast by 11:FS cover image

Fintech Insider Podcast by 11:FS

847. News: Revolut take on Nubank in Mexico as fintech heats up in LATAM

Apr 22, 2024
This week's guests on the podcast, Sophie Vo and Joanne Dewar, discuss Revolut's banking license in Mexico, Project Nemo's disability inclusion initiative, and partnerships like Ozone API and Thistle Initiatives. They also cover PIPE's funding solution for SMBs, Adyen and UNICEF collaboration, Canadian open banking legislation, and a bizarre bank fraud incident in Brazil.
01:00:04

Podcast summary created with Snipd AI

Quick takeaways

  • Revolut and Nubank compete in Mexico for market dominance.
  • Project NEMO aims to enhance disability inclusion in Fintech.

Deep dives

Revolut's Banking License in Mexico

Revolut obtains a banking license in Mexico, allowing them to offer more products and services in the country and planning to launch a remittance service. They face competition from Newbank, also eyeing growth in Mexico.

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