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Revolut Enters Mexico With 15% Yield, Forcing A Rethink On Fees And Rates
['Juan Martinez']
The Rio Times
Key PointsRevolut launched in Mexico with a headline 15% savings rate, capped at 25,000 pesos ($1,389).
The firm says it has put more than $100 million into the country and targets two million customers by end-2026.
It is using a high savings yield to break into a market where a few incumbents still set the tone.
Revolut’s Mexico chief, Juan Guerra, says the company deployed more than $100 million and wants two million customers by end-2026.
As a licensed bank, deposits fall under IPAB protection up to 400,000 UDIs, about 3.42 million pesos ($186,000) in October 2025.