Revolut appoints Juan Miguel Guerra as CEO of Mexico
By Joy Dumasia
Revolut, the UK-head-quartered financial super-app valued at $33 billion in September 2021, announced the appointment of Juan Miguel Guerra as its CEO in Mexico, following the launch of its US-Mexico remittance corridor in July 2021.
Before joining Revolut, Mr Guerra held senior executive roles at Rappi as Head of RappiPay Mexico; Citibanamex as Chief Innovation Officer; and other FinTech firms. Mr Guerra will build a team in Mexico to lead Revolut’s expansion in the country.
After opening operations in the US in March 2020, Revolut opened up easy access, fast, low-cost cross-border payments with its US-Mexico remittance corridor launch. The feature enables Revolut customers in both countries to easily transfer money between countries without any hidden fees at the real exchange rate.
The company has established itself as a global financial super-app, an innovative, customer-centric alternative to traditional banking, through its suite of digitally-enabled products across personal banking and business accounts, cards and payments, foreign exchange transfers and remittances, insurance and other financial services.
Led by Juan Miguel Guerra, Revolut Mexico quickly builds a talented team and introduces those products to help Mexicans significantly improve how they manage and control their money and spending. Revolut is searching for Mexican and international talent to join its growing team and is hiring professionals for legal, compliance, operations and HR teams.
Juan Miguel Guerra, CEO of Mexico at Revolut, said: “I couldn’t be more excited to join Revolut and jump aboard this rocketship. It is an honour and a privilege to be asked to lead the business for such a world-class company in my country. Mexico represents one of the largest opportunities globally for Revolut and its first step in Latin America. I look forward to building an exceptionally talented team and working with them as we continue to develop the best financial solutions for millions in Mexico, especially those who are internationally mobile.”
IBSi Daily News Analysis
September 26, 2023
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