Revolut: Opens US-Mexico remittance corridor

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
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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