1J·

Nubank soon in Europe ? 🚀

$NU (+3,1 %)

$NU (+3,1 %) is considering relocating its legal domicile to the UK as part of its plans for global expansion, possibly including the US


"We are actively looking at which jurisdictions we can consider as part of our plans for global growth over the next ten years. The UK is one of the options we are looking at."


With the US showing a renewed interest in fintech and crypto, the sector is regaining momentum. When a government starts to see fintech as beneficial to consumers and encourages competition, it becomes a much more attractive market."


- David Velez, CEO


https://www.reuters.com/business/finance/nubank-ceo-considers-moving-domicile-britain-expanding-us-2025-01-20/

attachment
35
7 Commentaires

image de profil
But that's really great news
4
image de profil
@spellwan If it happens, yes, it could revolutionize the banking system to have a second major player here alongside Revolut. I would also have hoped for $SOFI. We urgently need progress here in Europe.
3
image de profil
@BamBamInvest Something like this in Germany would be ideal, especially the credit card would be useful for everyone in Germany.
2
image de profil
More likely Ireland for tax reasons. I don't really understand the point of "moving" to the UK.
1
image de profil
@GeldGenie the Americans just, maybe they mean ireland anyway, is not taken so seriously 😂
1
image de profil
@GeldGenie Ireland would be particularly exciting if you want to get a hold of the EU market. On the other hand, the UK does not have the same regulation as Ireland. So both are valid options.
image de profil
It was also said in the interview that it was mainly for tax reasons
1
Participez à la conversation