Tagged: nubank

Brazil’s Digital Bank Nubank Reports Significant Investments Made by Clients in ETFs

Five months after Nubank (NYSE: NU) launched its first index funds (ETFs) through its investment fund manager, Nu Asset, Nu Renda Ibov Smart Dividendos (NDIV11) and Nu Ibov Smart Dividendos (NSDV11) have already “accumulated R$57 million in investments, with R$23 million in NSDV11 and R$34… Read More

Brazil’s Digital Banking Platform Nubank Reports $1B+ Full Year Net Profit

Nu Holdings Ltd. (NYSE: NU), one of the largest digital financial services platforms, released its Fourth Quarter and Full Year 2023 financial results. Financial results are expressed “in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS).” David Vélez, founder and… Read More

Brazil’s Digital Bank Nubank Appoints Elita Ariaz as Chief Legal Officer

Nubank (NYSE:NU), one of the largest financial services platforms in the world, has appointed Elita Ariaz as the new Chief Legal Officer of the company. With over 20 years of experience in the sector, the executive assumes the position to lead the Legal, Compliance, and Public… Read More

Latin America: Brazil’s Nubank Introduces New Investment Option

Nubank (NYSE:NU) has just expanded its investment offerings by bringing another new option to its customers: starting this week, the CDB IPCA (Certificate of Deposit tied to the Consumer Price Index) will be gradually available to users on the app. With this addition, customers will… Read More

Digital Banking: Nubank Security Feature “Modo Rua” Now Has 1.5 Million Users

Nubank (NYSE:NU), which claims to be one of the largest digital financial services platforms in the world, reaches the milestone of 1.5 million users of “Modo Rua,” a security feature that allows users to set a maximum total value for transactions via Pix, TED, or boleto… Read More

Brazil’s Nubank Introduces Nu Selic Simples with Focus on National Treasury Bonds

Nubank (NYSE:NU), which claims to be one of the world’s largest digital financial services platforms, announces its newest product developed by Nu Asset: Nu Selic Simples. With a majority allocation in post-fixed public bonds from the National Treasury (LFTs – Financial Letters of the Treasury),… Read More

Latin America: Cuenta Nu to Help Colombians to Grow Wealth and Achieve Savings Goals

Nu. Colombia Financial Company, a subsidiary of Nu Holdings in the country, announced the opening of the “Launch List” for “Cuenta Nu,” its latest product, which aims to provide Colombians with a savings experience through the market’s “most competitive” offering. Cuenta Nu is a digital… Read More

Nu México and Felix Pago Are Launching Option to Receive Money from the US

Nu México is launching the option to receive money from the United States, in association with Felix Pago. This strategic alliance with Felix Pago simplifies “the process of sending money from the United States to Mexico and revolutionizes the landscape of cross-border money transfers, taking… Read More

Nubank Subsidiary Approved by Financial Superintendence of Colombia to Operate as Financing Firm

Nu Colombia, a subsidiary of Nubank (NYSE:NU) in the country, announced that the Financial Superintendence of Colombia (SFC) has officially approved its application to operate as a financing company. This achievement not only “marks a significant milestone for Nu Colombia but also paves the way… Read More

Digital Banking: Brazil’s Nubank Marks 10 Years of Operations with Launch of Innovative Products in 2023

2023 marked Nubank’s (NYSE:NU) tenth anniversary with further innovation from one of the world’s largest digital financial services platforms. Over the past 12 months, the company has “launched over 45 new solutions to give people more autonomy and security in managing their finances.” With significant… Read More

Digital Banking: Nubank Continues to Expand Investment Product Offerings

Nubank (NYSE:NU), which claims to be one of the world’s largest digital financial services platforms, continues to expand its investment product offerings. Gradually, over the next few weeks, the company’s customers in Brazil will “be able to access and trade Real Estate Credit Bonds (LCI) and… Read More

Stablecoin Adoption: Circle and Nubank to Extend USDC Access to Brazilian Consumers

Circle and Nubank (NYSE:NU), which claims to be one of the world’s largest digital financial platforms serving 90 million customers across Brazil, Mexico, and Colombia, announced a partnership to extend USDC access to Brazilian Nubank customers. Circle’s USDC is the reported as being one of the… Read More

Nubank Cripto Announces Integration with Talos Smart Order Routing System to Lower Trading Costs

In another step towards developing the cryptocurrency trading platform Nubank Cripto, Nubank (NYSE:NU) announced its integration with Talos, the provider of institutional digital asset trading technology. With this partnership, customers who wish to trade crypto assets in Brazilian reais through the Nu app will benefit… Read More

Digital Banking: Nubank Introduces Limit Transfer between Personal and Business Cards

Nubank (NYSE:NU) has just launched a tool to make the lives of its over 3 million SME account holders even easier. Gradually, Nu’s business customers will “be able to transfer the limit of their personal credit card to their business card.” This innovative feature allows… Read More

Crypto Adoption in LatAm: Nubank to Add Polkadot (DOT), Avalanche (AVAX), Stella Lumens (XLM), Arbitrum (ARB), Optimism (OP)

The Nubank (NYSE:NU) Cripto crypto currency trading platform is currently evolving, and is announcing today five new options for Nubank customers. Over the next few weeks, gradually, the user base “will gain access to the digital currencies Polkadot (DOT), Avalanche (AVAX), Stella Lumens (XLM), Arbitrum… Read More

Brazil’s Digital Bank Nubank Introduces Metrics Panel for Nucoin Ecosystem

Nubank (NYSE:NU), which claims to be one of the largest digital financial services platforms in the world, announces the launch of a metrics panel, also known as a block explorer, for Nucoin. The focus is to provide transparency “to the information related to the digital… Read More

Digital Banking: Brazil’s Nubank Reaches 90M+ Customers in LatAm Markets

Nubank (NYSE:NU) has surpassed 90 million customers in Latin America in its operations in Brazil, Colombia, and Mexico, consolidating its position as one of the fastest-growing financial services companies in the world. David Vélez, Nubank’s founder and CEO, at an event for the press and… Read More

High Income-focused Digital Bank Nubank Extends Ultravioleta Client Benefits

Nubank (NYSE:NU), which claims to be one of the world’s largest digital financial services platforms, announces a new curation of exclusive benefits for its Ultravioleta customers. In addition to the black credit card offering 1% cashback, users will have access to constantly evolving solutions, “focused… Read More

Nubank Begins Testing with Generative AI to Enhance CX with Credit

Nubank (NYSE:NU) is starting to test this week a new solution that applies generative artificial intelligence as a virtual assistant to further enhance customer service. In this initial stage, the AI solution will “focus on presenting personalized possibilities related to credit granting within the Nubank… Read More

Nubank Introduces Initiative to Raise Awareness About Scams and Fraud

To give even more visibility to security and empower people to identify possible financial scams, Nubank (NYSE:NU) announces the campaign #PareceMasNãoÉoNubank (it looks like Nubank, but it isn’t). Through educational videos on major digital platforms, the company seeks to alert its customers to everyday situations… Read More

Send this to a friend