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It was reported in January that Nubank was considering expanding to the U.S., with Vélez saying the country may become a more attractive market for the company as President Donald Trump has shown an interest in promoting digital assets and in streaming banking regulations. Cristina Junqueira, co-founder, chief growth officer of Nu Holdings and CEO of the emerging U.S. business, has relocated full time to the United States, according to the release.
“Today our core focus remains on delivering growth in our existing markets, where we continue to see substantial opportunities for expansion,” Nu Holdings Founder and CEO David Vélez said in the release. “At the same time, applying for a U.S. national charter helps us better serve our existing customers based in the country and, in the future, connect with those who share similar financial needs and could benefit from our products and services.”
