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Digital Banking: Nubank Strengthens Presence in Mexico with Launch of Personal Loans

Nu Mexico announces the launch of its new product: personal loans. Like all Nu products, the launch will follow “a phased rollout process, starting in the coming days with a group of employees who will begin testing the product, to then expand the offering to… Read More

Digital Banking: Nu Expands Business Operations in Mexico City with New Offices

Nu officially inaugurated its new office spaces in Mexico City. With a sprawling space of over 5,000 m² in the Polanco neighborhood, Nu provides a workspace “for more than 1,200 Nubankers who work in a hybrid schedule, alternating between weeks of in-person and remote work… Read More

Digital Banking: Nubank’s Cuenta Nu Reaches 1M Accounts A Month After Full Launch in Mexico

Just one month after its public launch in Mexico on May 4th, one million people already have Cuenta Nu – which is the local digital account and second financial product of Nu Mexico, Nubank’s (NYSE: NU) subsidiary in the country. The rapid growth of the… Read More

Digital Finance Firm Nu México Announces Launch of Cuenta Nu in Mexican Market

Nu México, a digital finance company, announces the launch of Cuenta Nu to the entire Mexican market, starting May 4, 2023. Cuenta Nu reportedly “offers its clients 24/7 liquidity and one of the most competitive yield rates on the market, 9% per year, without the… Read More

Nubank Announces Equity Capitalization of $330M, Raising 2022 Investment in Mexico to $1.3B

Nubank, which claims to be one of the world’s largest digital financial services platforms, announced an equity capitalization of $330 million, which will be “invested to finance the expansion of the company’s portfolio, increase penetration across market segments and strengthen its operations and long term… Read More

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