Revolut Ltd. won Central Bank approval to acquire Banco Cetelem Argentina. CEO Agustín Danza confirmed preparations for commercial launch in 2027.
Revolut agreed in 2025 to purchase Banco Cetelem from BNP Paribas as a path to banking license in Argentina. Post-close rename: Revolut Bank Argentina SAU. Plans single-app product combining everyday banking, credit, international spending, and wealth services.
MercadoLibre’s Mercado Pago also pursued banking license; central bank approval expected before year-end per local media.