Nu Mexico receives authorization to begin operations as a bank

Nu Mexico has received authorization from the National Banking and Securities Commission (CNBV) to begin operations as a bank.

With more than 15 million customers, Nu will become the largest digital bank in the country, following a process supervised by the CNBV, the Bank of Mexico, and the Ministry of Finance and Public Credit.

This authorization consolidates the model Nu has built in the country: simple, transparent, innovative, 100% digital, and customer-focused, which has allowed it to attract approximately 15% of the country’s adult population.