Nu Mexico wins CNBV approval to operate as a bank
NU•Investment plan through 2030
Nu said it expects to invest a total of $4.2 billion in Mexico through 2030 as it builds out its banking operations and customer base.
Regulatory approval in Mexico
Nu Holdings said its Mexico unit received authorization from Mexico’s banking regulator, CNBV, to begin operating as a bank. The approval positions Nu Mexico to expand its role in the country’s digital banking market.
Deposits and profitability milestone
The company said Nu Mexico reached breakeven in Q1 2026 and had deposits of more than $5.9 billion.
