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Nubank Launches Nu Credit Card in Mexico

Nubank Launches Nu Credit Card in Mexico

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FintechNews Roundup
··1 min read

The world’s most valuable digital bank, Brazil’s Nubank, is launching its Nu credit card in Mexico; the card is available to all Mexicans over the age of 18 and already has a waiting list of more than 30,000; right now only 10 percent of Mexican adults own a credit card and more than 36 million people are unbanked; Nubank has built a business by word of mouth with CEO David Vélez saying the company has spent $0 on customer acquisition; Vélez believes Mexico is ripe for digital banking disruption and that there is room for many players to take hold amongst consumers. Tech Crunch

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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