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

Nu Holdings Ltd. (NYSE: NU) is considered one of the best stocks to buy under $20.

On September 30, Nubank announced that it had applied for a national bank charter with the Office of the Comptroller of the Currency (OCC) in the United States.

This move represents a preparatory stage that supports Nubank’s long-term vision of expanding its customer-centric, tech-driven financial services.

By obtaining the national bank charter, Nubank aims to enhance its regulatory framework and broaden its capabilities to serve a growing customer base in the US market.
https://ca.finance.yahoo.com/news/nubank-seeks-us-national-bank-205443612.html

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