World & BusinessRevolut wins approval to acquire Banco Cetelem Argentina
Bloomberg reports that the UK fintech plans a 2027 launch in Argentina, with central bank approval clearing a key hurdle to offering banking services.
TLDR
Argentina’s central bank has approved Revolut’s acquisition of Banco Cetelem Argentina, Bloomberg reports. The approval clears a key regulatory hurdle for the UK fintech to begin offering banking services in the country, where it plans to launch in 2027.
Revolut wins approval to acquire Banco Cetelem Argentina
Bloomberg reports that the UK fintech plans a 2027 launch in Argentina, with central bank approval clearing a key hurdle to offering banking services.
TLDR
Argentina’s central bank has approved Revolut’s acquisition of Banco Cetelem Argentina, Bloomberg reports. The approval clears a key regulatory hurdle for the UK fintech to begin offering banking services in the country, where it plans to launch in 2027.