$NU (-0.5%) Nubank is making moves in Mexico! On April 24, 2025, the fintech giant received approval from Mexican regulators to begin the process for a full banking license. This paves the way for more products, higher deposit limits, and faster growth in a huge market. Nubank already has 10 million customers in Mexico and continues to expand rapidly. With strong financial results, international expansion, and ongoing innovation (including crypto integration), the stock remains attractive for investors betting on digital banking and fintech growth in emerging markets.
https://www.reuters.com/world/americas/nubank-clears-major-hurdle-securing-mexico-banking-license-2025-04-24/