On September 28, Crowdfund Insider reported that the London-based fintech company Revolut has received approval from the Argentine Central Bank to acquire Banco Cetelem Argentina, a subsidiary of BNP Paribas Personal Finance. The transaction was announced on September 24. Once completed, the bank will be renamed Revolut Bank Argentina S.A.U. and will operate as a fully regulated licensed bank, initially not offering products or services to the public in order to meet remaining regulatory and operational requirements. Argentine media expect the bank to officially launch in 2027. Agustín Danza is expected to serve as CEO. Revolut has attracted over 150,000 people to its waiting list, with more than 80 million customers globally.
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