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Nubank Shocks Wall Street: Brazilian Fintech Giant Applies for U.S. Bank Charter
Published 3 months, 1 week ago
Description
Nubank, Latin America’s largest digital bank with over 100 million users, has applied for a U.S. national bank charter. If approved, the move would let Nubank compete directly with America’s biggest banks like JPMorgan and Wells Fargo.
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