Key Takeaways In Q1 2026, Nubank reached a market break-even in Mexico, hitting 15 million customers as the 3rd top bank. Highlighting a digital shift for the 46% banked market, Revolut gained 290K users and $218M in deposits. Next, Nubank will invest $4.3B through 2030, while Revolut scales its $167M investment to capture users. Mexico Becomes A Hotbed for Alternative Neobanks The Mexican market, with over 90 million adults demanding financial solutions, is showing increasing adoption levels of digital alternatives to traditional banking. Revolut and Nubank, two large neobanks, have disclosed milestones that indicate Mexico has reached an inflection point …