US EditionNubank Will Seek a Full Banking License in 2026 to Preserve Its Brand
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11 Articles
Nubank Will Seek a Full Banking License in 2026 to Preserve its Brand
Key Points Brazil’s new rules reserve the word “bank” for fully licensed banks, forcing big fintechs to adapt fast. Nubank will seek a full banking license in 2026 to preserve its brand while keeping operations running normally. The move marks a tougher phase for Brazil’s fintech boom, with regulators demanding clearer lines between apps and […]
Nubank plans to secure Brazilian banking licence next year
Brazilian digital financial services platform Nubank plans to secure a banking licence in Brazil in 2026. This announcement comes after Brazilian regulators moved the prevention of non-bank companies from using the word “bank” in their brands, reported Bloomberg. Nubank has more than 110 million customers and a market valuation of $85bn. Previously, Nubank was able to offer credit cards and open accounts without holding a traditional banking …
Nubank to Seek Banking License in Brazil
Nubank has announced its intention to obtain a banking license in Brazil. The move brings a banking institution within the Nubank group and complies with Joint Resolution No. 17, issued by the Central Bank and the National Monetary Council, which standardises brand name usage for regulated entities. Nubank’s brand and visual identity will remain unchanged. The announcement will not affect clients, and all operations will continue as normal. Nuba…
Nubank, one of the largest digital financial services platforms in the world, announced its intention to obtain a banking license in Brazil, a process that it already carried out in Mexico and for which it obtained the green light in April 2025.The company indicated, in a statement, that the brand and visual identity will not suffer changes and that the change will not affect customers or active operations.The firm, founded by David Vélez and Cr…
The Nubank announced, on this Thursday (3), that it intends to obtain a license to the bank rio in Brazil. The decision to pay attention to the changes made by the ECB (Central Bank) that for fines without license the bank would not use the terms "bank" or "bank" in its names. The new rule restricts the nomenclatures authorized for the institution are regulated in p. p. Read more (12/03/2025.
Nubank: finech measure seeks to comply with the rules of the financial system; company says that change does not compromise stability
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