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Latin American Fintech Powerhouse Nubank Secures Preliminary Green Light for U.S. Banking License, Aims to Launch U.S. Operations in 18 Months
1 week ago /
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Author：小编
On January 29 (local time), Nubank, a leading fintech giant in Latin America, declared that it had been granted conditional approval by the U.S. Office of the Comptroller of the Currency (OCC) to set up a national bank in the United States. Once full approval is obtained, Nubank will be bestowed with a U.S. national banking license, enabling it to function within the federal regulatory framework and offer services including deposit accounts, credit cards, loans, and digital asset custody. Nubank has outlined plans to finalize institutional capital raising within 12 months and officially initiate operations in line with regulatory mandates within 18 months.
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