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Nu Holdings Investors Just Got Some Great News. Is It Time to Buy?
The Motley Fool· 2025-05-04 20:00
Nu Holdings (NU 0.69%) investors received exciting news recently when the company secured regulatory approval to transform its Mexico banking operations into a full-service bank. A dominant player in Brazil's banking scene, Nu is now setting its sights on growing its banking footprint in Mexico.The move will allow Nu to offer a wider array of products to its Mexico customers and attract more capital. It also positions Nu to shake up the region's highly concentrated banking sector and make financial services ...