Nubank Applies for U.S. National Bank Charter to Enter American Market

Overview

• Nubank filed on September 30 for a national bank charter with the U.S. Office of the Comptroller of the Currency, and the application has not been approved.
• Co‑founder Cristina Junqueira will serve as CEO of the U.S. operation after relocating, with a board chaired by Roberto Campos Neto and including Brian Brooks, Youssef Lahrech and Kelley Morrell.
• The company says a charter would allow future offerings in the U.S. such as deposit accounts, credit cards, loans and digital‑asset custody, contingent on regulatory approval.
• Executives describe the move as a step from a regional platform to a global model intended to better serve existing users in the U.S.
• Junqueira said the opportunity could extend beyond expatriates and cautioned that licensing will take time, while Nu México holds CNBV authorization pending final operational approval and the group counts nearly 123 million customers in Latin America.