Nu Holdings Ltd. is seeking a national bank charter with the OCC to expand its digital banking platform beyond Latin America into the US. This move aims to connect with more customers and unlock new possibilities in the US financial landscape. The charter would enable Nubank to offer deposit accounts, credit cards, lending, and digital asset custody in the US market, reflecting its compliance-first approach in operations. Nu Holdings Ltd. provides digital banking services in Brazil, Mexico, Colombia, the Cayman Islands, and the US.

Read more at Yahoo Finance: Nubank Seeks US National Bank Charter to Launch Global Expansion and Digital Banking in America