✉news BusinessBanking first seen 5 h ago, last 4 h ago, peak #9
Argentina approves Revolut's purchase of Banco Cetelem
Original: Argentina clears Revolut to buy Banco Cetelem
Argentine regulators have approved Revolut's acquisition of Banco Cetelem, clearing the way for the British fintech to take over the consumer bank. The deal marks a significant step in Revolut's expansion into Latin America, giving it a local banking licence and established customer base in Argentina, one of the region's largest financial markets.
Why now: Regulatory approval for a major global fintech acquiring a bank signals Revolut's expanding push into Latin American banking.
Evidence
- Argentina clears Revolut to buy Banco Cetelem · Yahoo Finance
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