Nubank Invests R$2.5 Billion to Expand Brazilian Office Network

Reuters01-26
Nubank Invests R$2.5 Billion to Expand Brazilian Office Network

Nu Holdings Ltd., the parent company of Nubank, has announced plans to invest over R$ 2.5 billion (approximately USD 475 million) over the next five years to expand and upgrade its office network in Brazil. As part of this initiative, Nubank will open two new office buildings in São Paulo, including the Cyrela Corporate, designed by Pininfarina, which will accommodate more than 3,000 employees starting in 2027. Additional workspaces are set to open in Campinas, Rio de Janeiro, and Belo Horizonte, with a focus on attracting and retaining talent. The expansion accompanies the rollout of a new hybrid work model and supports Nubank’s rapid growth, which has seen its customer base soar to over 127 million across Brazil, Mexico, and Colombia. Amenities in the new offices will include gyms, rest areas, convenience services, and cutting-edge technology to foster collaboration and innovation.

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