Nu Holdings is seeking full operational presence in Brazil while ensuring compliance with Central Bank rules.

The entities involved

• Nubank →

  Brazilian financial technology company

  • Nubank is expanding its operational footprint by establishing a presence in the US through a partner bank, while also operating as a regulated financial institution in Brazil.Sun 14:01
  • Nu operates in Colombia alongside Brazil and Mexico, expanding its banking presence in the region.Sun 09:47
• central bank →

  public institution that manages a state's currency, money supply, and interest rates

  • The Central Bank of Nigeria manages liquidity through the use of Treasury bills.Mon 00:24
  • Makis Keravnos was appointed CEO of Hellenic Bank, with the appointment approved by the Central Bank.Sun 06:24

Related events

• Nubank launched its full bank in Mexico, while the Central Bank simultaneously launched Pix in Brazil.Aug 31
• Central Bank initiates monetary easing cycle while IMF projects public debt levels for Brazil, highlighting its role in Latin America.Jul 24
• Nubank funds are affected by the suspension of XP Investimentos, while the Central Bank sets the Selic rate in Brazil.Sep 22
• Central bank manages foreign currency reserves.Aug 26
• The Argentine government seeks foreign currency reserves from the Central Bank.Sep 3