Nubank Seeks US National Bank Charter to Launch Global Expansion and Digital Banking in America

Core Insights - Nu Holdings Ltd. is pursuing a national bank charter in the US to support its long-term vision of expanding its digital banking platform globally, beyond Latin America [1][3] - The application for the charter aims to enhance Nubank's ability to serve existing US customers and connect with new ones, aligning with its growth strategy [2][3] - Obtaining the national bank charter would enable Nubank to offer a range of financial services, including deposit accounts, credit cards, lending, and digital asset custody, reflecting its compliance-first approach [3] Company Overview - Nu Holdings Ltd. operates a digital banking platform across Brazil, Mexico, Colombia, the Cayman Islands, and the US, focusing on customer-centric and tech-driven solutions [1][4] - The company is recognized as a promising investment opportunity, although there are suggestions that certain AI stocks may present greater upside potential [4]