Nubank Applies for US Bank Charter In Global Expansion Push

Bloomberg TechnologyTuesday, September 30, 2025 at 6:38:35 PM
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Nubank Applies for US Bank Charter In Global Expansion Push
Nubank, a prominent Brazilian fintech, has taken a significant step by applying for a US national bank charter. This move marks its ambition to expand beyond the Latin American market, potentially opening new avenues for growth and innovation in the financial sector. By entering the US market, Nubank aims to tap into a larger customer base and enhance its service offerings, which could reshape the competitive landscape of banking.
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