After announcing last November that they would offer savings accounts and a debit card, Nu added that they have already received authorization from the National Banking and Securities Commission (CNBV) to carry out these operations.
The savings account does not require a minimum amount and is offered first to clients who already have a credit card, a product with which Nu took off in the country.
Iván Canales, general manager of Nu México, said that the investment and regulatory approval represent an opportunity for growth, which will eventually lead to new products such as personal loans.
“Our mission is to revolutionize digital finance in the country and give Mexicans control of their money, in a single app and without complexity,” he said.
With information from Reuters
