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Revolution · ArgentinaBy Kylie Madry (Reuters) -London-based fintech giant Revolut will acquire a local lender owned by BNP Paribas in Argentina, it said on Thursday, marking the digital bank’s latest foray into Latin America. The terms of the deal to purchase Cetelem Argentina from BNP Paribas Personal Finance, which is subject to regulatory approval, were not disclosed. Revolut has already made headway in Brazil, Mexico and Colombia. Revolut said in a statement it …See the Story
Revolut to Acquire BNP Paribas-Owned Argentine Lender in Market Expansion
50% Right coverage: 8 sources

Finance · GermanyA joint venture between Deutsche Bank’s (DBK) asset management subsidiary DWS, Flow Traders and Galaxy (GLXY) said it will issue Germany’s first regulated, euro-denominated stablecoin after receiving an e-money institution (EMI) license from the Federal Financial Supervisory Authority (BaFin) this week.The AllUnity EURAU stablecoin, which will comply with Europe’s Markets in Crypto Assets (MiCA) framework, was teased by the companies back in Dec…See the Story
Deutsche Bank’s DWS, Galaxy and Flow Traders to Introduce German-Regulated Stablecoin
50% Center coverage: 4 sources

Paris, France · ParisRevolut has appointed Béatrice Cossa-Dumurgier as the
CEO of its newly established Western Europe headquarters in Paris, signaling
the fintech’s intent to strengthen its presence in the region and pursue a full
banking license in France. The new office will serve as a regional base for
Revolut’s banking operations across Western Europe, complementing its existing
European hub in Lithuania. Senior Hire to Anchor EU Expansion The company said Coss…See the Story
Revolut Names Cossa-Dumurgier Western Europe CEO In Banking License Drive - Data Intelligence
100% Right coverage: 1 sources