Nu announced that it has received conditional approval from the Office of the Comptroller of the Currency of the United States for the formation of a de novo national bank, Nubank, N.A. “The conditional approval represents a milestone in the company’s long-term strategy to expand its operational footprint and product offerings in the United States,” Nu stated.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NU:
- Moderately bullish activity in Nu Holdings with shares up 0.24%
- Nu Holdings price target raised to $22 from $19 at Susquehanna
- Moderately bullish activity in Nu Holdings with shares up 0.8%
- Mixed options sentiment in Nu Holdings with shares down 0.64%
- Moderately bullish activity in Nu Holdings with shares up 4.32%