US EditionNubank Applies for US Bank Charter In Global Expansion Push
20 Articles
20 Articles
Nubank reported that it applied for a national bank license in the United States on Tuesday, September 30, while Brazil's Fintech seeks to expand beyond the Latin American market.The digital banking giant, known as Nubank, filed the application with the Office of the Currency Controller, according to a statement.The bill will contribute to its effort to move from a regional platform to a global company, he said.
Nubank Applies for a US National Bank Charter to Expand Beyond Latin America
Despite its ambition to expand globally, Nubank’s Chief Executive, David Velez, has stated that the company remains committed to maintaining strong growth in its core markets, including Brazil, Mexico, and Colombia. Nubank, a Brazilian digital lender, is one of the largest digital financial services. In recent times, the company has been making headlines as it applies for a national bank charter in the United States, making an effort to move bey…
The Brazilian digital lender Nubank announced on Tuesday (30th) that he has applied for a national banking license for operations in the US. This is the company's most concrete step towards expansion outside Latin America. The decision "is in line with the company's intention to explore future international opportunities by offering its [...] The post Nubank applies US banking license for expansion outside Latin America's first appeared on latin…
Nubank, the largest digital bank in America and the West, with 123 million customers in three countries of the hemisphere, officialized its ambition to become a bank in the continent’s most populous country: the United States. The neobank of Brazilian origin, which began trading on the New York Stock Exchange (NYSE) in 2021, reported on Tuesday, September 30, that it began the procedure before the Office of the Comptroller of the Currency (OCC) …
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