Crypto Trends
Revolut Enters Argentina With Purchase of Local Lender From BNP: Report
UK-based fintech Revolut has agreed to acquire BancoCetelem in Argentina from BNP Paribas, marking its first direct entry into theSouth American banking market, Bloomberg reported, citing people familiar withthe matter. The deal reportedly includes Cetelem’s local bankinglicense and roughly $6.4 million in assets.Establishing Presence in ArgentinaThe acquisition allows Revolut to establish a formalpresence in Argentina’s financial system as the company pushes ahead withinternational expansion pl