Nu Holdings invests in global brand partnerships to support international expansion

Reuters03-11
Nu Holdings invests in global brand partnerships to support international expansion

Nubank is investing in expanding its brand presence to support international expansion, citing new partnerships with Inter Miami CF and the Mercedes-AMG PETRONAS Formula 1 Team. The company said it has 113 million customers in Brazil and 131 million globally. Nubank said it has conditional approval from the Office of the Comptroller of the Currency to establish a national bank in the U.S., which it expects within 18 months.

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