🚨 Nubank Applies for U.S. National Bank Charter
Hey Digital Banking Fanatic,
Big move on U.S. 🇺🇸 soil: Nubank just applied for a national bank charter.
The Latin American giant is no stranger to bold plays, but this one signals a real attempt to go global.
If approved by the OCC, Nubank would join the U.S. banking club—unlocking the ability to offer deposits, credit cards, lending, and even digital asset custody. Think of it as going from regional superstar to global headliner.
Cristina Junqueira, co-founder of Nubank, even relocated to the U.S. to lead the push. Translation: they’re serious. And while their bread and butter is still Brazil, Mexico, and Colombia, this application could be the first domino in reshaping their international footprint.
The question now: can Nubank crack the world’s most competitive banking market?
Let me know what you think!
👇 More FinTech updates to fuel your morning, right after this.
Cheers,
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🇺🇸 Nubank applies for a U.S. national bank charter. This undertaking is aligned with the company’s intention to explore future international opportunities by evolving its regional platform into a global model. Pursuing a U.S. national bank charter positions Nubank to unlock new possibilities within the U.S. financial landscape.
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