Nu Mexico Wins Banking Approval, Becomes Country's Largest Digital Bank With 15 Million Customers

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Nu Mexico has received authorization from Mexico's National Banking and Securities Commission to operate as a bank, transitioning from its previous non-bank fintech status. The company now operates as the country's largest digital bank by customer count, with 15 million users representing more than 15% of Mexico's population. Nubank, Nu's parent company, has committed a projected investment of $4.2 billion in Mexico through 2030, signaling the company's long-term strategic focus on the Latin American market.
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