About Revolut
Revolut, a UK-based fintech company with over 60 million customers in more than 150 countries, has recently secured a naming rights partnership with Audi’s upcoming Formula 1 team. Although Revolut has obtained its banking license in Mexico, it hasn’t started operations there yet.
Revolut’s Global Reach
Founded in 2015 by Nik Storonsky and Vlad Yatsenko, Revolut has grown to serve over 60 million customers across numerous countries. The company aims to reach 100 million customers and bring them into the world of Formula 1 with unforgettable experiences.
Partnership Details
In a historic agreement, Revolut will become the naming partner for Audi’s Formula 1 team starting the 2026 season. This partnership unites two prominent brands with a shared ambition to innovate and disrupt the established norms in both automotive racing and global finance.
- Key Aspects of the Partnership:
- Revolut and Audi F1 team aim to offer new ways for fans to interact with the sport during race weekends.
- Unique experiences for a new generation of fans and exclusive benefits for Revolut customers.
- Revolut Business will be deeply integrated into the team’s financial operations.
- Fans will benefit from quick and easy payment solutions provided by Revolut.
- Expected Benefits in Mexico:
- These advantages are expected to extend to Revolut customers and fans in Mexico.
Quotes from Key Figures
Nik Storonsky, CEO of Revolut, expressed his excitement about the partnership:
“This is a monumental alliance for Revolut and Audi’s future Formula 1 team. As we accelerate towards 100 million customers, we’re bringing them into Formula 1 with unforgettable experiences at a pivotal moment for the sport.”
Jonathan Wheatley, Director of Audi F1 team, commented on the partnership:
“We’ve found a partner in Revolut who shares our philosophy of continuous innovation and ambition. Starting in 2026, Revolut’s digital solutions will drive key areas of our operations and reshape how fans and communities engage with our team, offering a seamless and appealing experience both on and off the track.”
Revolut’s Expansion in Mexico and Latin America
Revolut was launched in the UK in 2015 by Nik Storonsky and Vlad Yatsenko. Today, it serves customers in dozens of countries, including Mexico, where it received its banking license in April 2024. The company is currently undergoing a local audit by the regulator to commence operations as a full-fledged bank, which is expected before the end of 2025.
Interested individuals in Mexico can join a waiting list to access Revolut’s financial products, such as savings accounts, money transfers, and more. The company has also expanded into other Latin American markets like Brazil and Argentina.
Formula 1 returned to Mexico’s racing calendar in 2015, with the Mexico City Grand Prix set to take place annually until at least 2028.
