Nubank Mexico wins authorization to operate as a multiple bank
NU•Operations must start within 30 days
Under Mexican banking rules, Nubank México must begin operating as a bank within the next 30 days.
License supports product expansion in Mexico
The authorization is expected to support the expansion of Nubank México’s credit, payments, and savings offerings in the Mexican market.
CNBV approval completes banking transformation
Nubank México received authorization from Mexico’s banking regulator, the CNBV, to begin operating as a multiple bank. The approval completes the unit’s banking-license transformation process.
