Wednesday, February 5, 2025
6 C
London
HomeBankingRevolut: Opens US-Mexico remittance corridor

Revolut: Opens US-Mexico remittance corridor

Date:

BNY Mellon Appoints Carolyn Weinberg as Chief Solutions Innovation Officer

Global financial services firm welcomes industry veteran to drive...

Anchor Raises $20M for Autonomous Billing and Collections Platform

Innovative fintech startup secures funding to revolutionize B2B billing...

Emirates NBD and Rasmal Ventures Invest $7.6M in MENA Securitisation Innovation

Deniz Ventures and Rasmal Ventures back TeamSec to transform...

Revolut: Opens US-Mexico remittance corridor

  • Revolut, the financial super app with 16 million customers worldwide announced its simplifying cross-border payments
  • With this launch customers in the US and Mexico now easily transfer money between one another without any hidden fees
  • In May 2021, remittance flows between Mexico and the U.S. increased a whopping 31%, reaching over $4.5 billion
  • The timely launch of this remittance corridor will enable customers to easily make cross-border payments between the US and Mexico
  • Customers can spend and transfer money globally, as well as exchange 28 currencies in the app
  • Customers can sign up for an account in minutes and make money transfers soon after

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories