Revolut reports 500,000 account holders in Mexico

The company reaches the figure less than six months after its bank launch.

Capvise MediaEvent 8 Jun 2026Published 15 Oct 20261 min read

Revolut co-founders Vlad Yatsenko and Nik Storonsky on stage at Web Summit Rio 2023. — Photo: Revolut co-founders Vlad Yatsenko and Nik Storonsky at Web Summit Rio in 2023. This company-context photograph does not depict Revolut's Mexican customer accounts. Credit: Web Summit Rio from Rio de Janeiro, Brazil; POZ 7017 (52868581848).jpg; CC BY 2.0; resized and converted to WebP. · CC BY 2.0 · Resized for web delivery

Revolut reports 500,000 account

Revolut reported on 8 June that its Mexican bank had passed 500,000 users. Its full operational launch took place on 27 January, making the milestone less than six months after opening. The company says it established the operation through a new local banking licence rather than acquiring an existing bank.

Revolut also reported a $64 million capital injection during May, taking its total investment in Mexico to $167 million. The figures provide an early indication of account adoption and capital committed to the operation. They do not disclose how many users are active, average balances or the local bank’s profitability. The company presents Mexico as a model for future international launches, which remain separate projects.