banking license

JPMorgan Gets Closer to Clinching Nigerian Banking License

JPMorgan Gets Closer to Clinching Nigerian Banking License
JPMorgan Gets Closer to Clinching Nigerian Banking License
October 21, 2026  |  Banking

J.P. Morgan Chase is reportedly getting closer to obtaining a banking license in Nigeria. The largest U.S. bank has deposited 50 billion naira ($37.5 million)...

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Revolut Secures Sixth Global Bank License in Colombia
Revolut Secures Sixth Global Bank License in Colombia
September 15, 2026  |  Bank Regulation

Revolut continued its global expansion by securing a bank license in Colombia, the company said in a Tuesday (Sept. 15) press release. The license to...

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Revolut Drops US Bank Buyout Plan, Eyes Standalone OCC Charter
Revolut Drops US Bank Buyout Plan, Eyes Standalone OCC Charter
January 23, 2026  |  Banking

Revolut is shifting its U.S. playbook again. The U.K.-headquartered FinTech has dropped plans to buy an American bank and is now preparing to pursue a...

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Mercado Pago to Apply for Banking License in Argentina Amid Regional Expansion
Mercado Pago to Apply for Banking License in Argentina Amid Regional Expansion
May 28, 2025  |  News

Mercado Pago, the FinTech unit of Mercado Libre, plans to apply for a banking license in Argentina to expand the service offering of its digital model...

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Revolut Delivers First $1 Billion Profit as Subscription, Wealth Units Boom
Revolut Delivers First $1 Billion Profit as Subscription, Wealth Units Boom
April 24, 2025  |  Banking

Revolut booked its first billion-dollar annual profit in 2024, underscoring how the London-based super-app’s widening menu of wealth, credit and subscription services is translating customer...

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Mercado Pago Applies for Banking License in Mexico
Mercado Pago Applies for Banking License in Mexico
September 25, 2024  |  Banking

Mercado Pago, the FinTech arm of MercadoLibre, reportedly applied for a banking license in Mexico earlier this month. The firm sent the application to the Mexican...

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Revolut Finally Lands British Banking License 
Revolut Finally Lands British Banking License 
July 25, 2024  |  Banking

After a three-year wait, Revolut has secured a banking license in its home country. The British FinTech announced Thursday (July 25) that it had been...

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MercadoLibre Joins Discussions to Apply for Mexican Banking License
MercadoLibre Joins Discussions to Apply for Mexican Banking License
May 21, 2024  |  Banking

MercadoLibre is reportedly in talks to get a banking license in Mexico. The Latin American eCommerce/FinTech is in discussions with Mexico’s central bank, finance ministry and banking regulators...

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