'NuBank CEO David Velez Says Priority Is Organic Growth, But Could Consider Potential Deals; NuBank Going Through FDIC, Fed Approval Process, No Time Frame Yet For U.S. Launch; NuBank To Launch High-Yield Savings Account, No Fee Credit Cards And Remittances In The U.S.; NuBank Targets Young Customers, Hispanics As Initial Audience In The U.S.' - Reuters News
Benzinga·09/10/2026 14:36:32
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Brazilian digital bank Nubank NU.N is expected to offer high-yield savings accounts, credit cards and remittances as initial products of its U.S. bank, CEO David Velez said in an interview with Reuters.
Nubank's bank charter was conditionally approved by the OCC in January and now is going through the approval process by the Federal Reserve and FDIC.