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TechFlow reported on January 19 that, according to Bloomberg, UK fintech giant Revolut Ltd. has applied to the Peruvian authorities for a full banking license—a move marking its official launch of expansion plans into Latin America, where it will directly compete with major regional fintech firms.
According to Bloomberg, UK fintech giant Revolut Ltd. has applied to Peruvian authorities for a full banking license, marking the company's official launch of its expansion plan into Latin America, where it will directly compete with major regional fintech players.
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