It now offers a variety of financial products, including a digital bank account, a debit card, insurance, P2P payment via Pix (the Brazilian equivalent of Zelle), loans, rewards, life insurance, and an account and credit card for small business owners. Nubank serves unbanked or underserviced...
For banks in the United States, so much time and attention have been placed on open banking, embedded finance, embedded fintech, BaaS … but are we looking outside our national borders to see what’s working that we might bring into our strategy? We have not yet faced a player that sca...
When David Vélez walked into a Brazilian bank branch to open an account six years ago, he was appalled by the experience. First, he had to check his bag in a locker outside. Next, he waited to pass through a security line manned by three armed guards. He sat there for 45 minutes ...