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Nu - Mexico expands its network

$NU (+3.59%)

$NU (+3.59%) - Mexico expands its network for cash deposits and withdrawals with OXXO

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As of January 14, 2025, holders of a $NU (+3.59%) - card holders will be able to withdraw cash from over 22,000 OXXO branches. The cash deposit function will be introduced later in the year.


OXXO is a retail chain in Mexico and belongs to the beverage company Fomento Económico Mexicano.


Foment Económico Mexicano: $FEMSAUBD (+1.57%)


The company is the largest beverage producer in Mexico and the entire Latin American region.


As of 2023 Business Latin America:

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9 Comments

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@Caynify 🧑‍🚒🧯 ➡️🚀🌝
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Good move. There really are Oxxo's on every corner in Mexico.
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@Felix_1988 they already know what they're doing 😄
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@BamBamInvest Together with $MELI my favorite for Latin America
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@Felix_1988 at least the most innovative companies in my opinion, are growing so strongly for good reason 👍
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@BamBamInvest I hope that they will also become a neobroker at some point. At the moment, they "only" offer credit cards and an overnight money account in Mexico.
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@Felix_1988 Well, it's difficult as a bank, even when it comes to crypto, but maybe it's different in Latin America 😁 Step by step. First create customer reach and then expand cross-selling.
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