Nubank Plans To Obtain Brazilian Banking License While Maintaining Brand And Operations

The Nubank brand and visual identity will remain unchanged; the company holds all required operational licenses to offer its current suite of products and features.

Nubank, one of the world's largest digital financial services platforms, announces its intention to obtain a banking license in Brazil. The inclusion of a banking institution within the conglomerate complies with the provisions of Joint Resolution No. 17, issued by the Central Bank and the National Monetary Council, which standardizes brand name usage for regulated institutions. With this decision, the Nubank brand and visual identity will remain unchanged.

This announcement will have no impact on clients, and all operations shall proceed normally. Nubank has more than 110 million customers in Brazil.