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Nubank Shocks Wall Street: Brazilian Fintech Giant Applies for U.S. Bank Charter

Nubank Shocks Wall Street: Brazilian Fintech Giant Applies for U.S. Bank Charter

Practical: AI & Business News · Practical News

October 3, 20257m 16s

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Show Notes

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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