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Why Nubank and Revolut Are Betting Big on Mexico

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…

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Tata Electronics partners with ASML to build India’s first semiconductor fab

India just took its most concrete step toward becoming a semiconductor manufacturing nation. Tata Electronics and ASML, the Dutch company whose lithography machines are essentially the beating heart of every advanced chip fab on Earth, announced a partnership on May 16 to develop India’s first commercial 300 mm semiconductor wafer fabrication plant. The facility, located…

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