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UK Fintech Giant Revolut to Acquire BNP’s Cetelem in Argentina

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By Ignacio Olivera Doll and Aisha S Gani

June 26, 2025 at 11:56 AM EDT

Updated on

June 26, 2025 at 3:18 PM EDT

Revolut Ltd., Europe’s largest digital bank, is acquiring Argentina’s Banco Cetelem, a small local lender owned by BNP Paribas, amid its push into Latin America.

The London-headquartered company confirmed its arrival in Argentina in a statement after a Bloomberg report earlier Thursday, and it’s already begun operations in Mexico and Brazil.