Nubank to invest USD 135 mln to expand its services in Mexico

Friday 9 April 2021 12:42 CET | News

Brazil-based digital bank Nubank has announced a USD 135 million investment to expand services in Mexico.

According to a statement, Nubank will inject USD 70 million in its Mexican subsidiary and the rest will be financed by J.P. Morgan Chase, Goldman Sachs, and Bank of America.

The move comes months after Nubank raised USD 400 million to support its footprint across Latin America.

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Keywords: digital banking, banks, expansion, investment
Categories: Banking & Fintech
Countries: Mexico
This article is part of category

Banking & Fintech