03:07 PM EDT, 09/30/2025 (MT Newswires) -- Nu Holdings' ( NU ) Nubank said Tuesday it applied for a national bank charter with the US Office of the Comptroller of the Currency for new opportunities in the US financial sector.

A bank charter will enable the bank to scale efficiently in the US, enabling it to eventually offer products and services, including deposit accounts, credit cards, as well as lending and digital asset custody, the company said.

Former President of the Central Bank of Brazil Roberto Campos Neto will serve as the board chairman of Nubank's US business, the company said.

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