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IT
Nu México to Operate as a Bank on August 6
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Financial IT
Nu México to Operate as a Bank on August 6After completing a technology migration process and receiving authorization from the CNBV on July 10, Nu will become the country’s largest digital bank on August 6, serving more than 15 million customers.
We remain committed to our ambition of becoming the most loved bank in Mexico,” said Armando Herrera, CEO of Nu México.
Once that process is completed, Nu México will begin operating as a commercial bank institution.
However, Nu Debit and Credit cards will continue to operate normally, and customers’ funds will remain secure at all times.
With this transition to full banking status, Nu strengthens its contribution to digital finance in Mexico, where it currently serves nearly 15% of the adult population.