Nubank secures initial approval to launch US bank in 2027 #
Nubank has received its first regulatory green light to establish a US banking operation, clearing an early hurdle toward launching a fully licensed bank in 2027. The approval marks a significant step in the Latin American fintech’s long-term plan to expand into the US market, one of the most competitive and tightly regulated banking environments globally
The digital lender said the phased approval process will continue over the next two years as it works through remaining regulatory requirements. Nubank’s US entry is expected to focus initially on deposit and payment services, leveraging its experience in large-scale digital banking while adapting to US supervisory standards.