'NuBank CEO David Velez Says Priority Is Organic Growth, But Could Consider Potential Deals; NuBank Going Through FDIC, Fed Approval Process, No Time Frame Yet For U.S. Launch; NuBank To Launch High-Yield Savings Account, No Fee Credit Cards And Remittances In The U.S.; NuBank Targets Young Customers, Hispanics As Initial Audience In The U.S.' - Reuters News
Brazilian digital bank Nubank NU.N is expected to offer high-yield savings accounts, credit cards and remittances as initial products of its U.S. bank, CEO David Velez said in an interview with Reuters.Nubank's
Nubank is planning to bring banking services to the United States, starting with savings accounts and credit cards. When a company grows into new countries, watch to see if customers like their products and if they can handle the extra work.
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