Latin America’s Largest Digital Bank Nu Enters US, Plans Crypto Trading
JH Kim
Summary
- Latin America’s largest digital bank Nu said it is entering the US market with a 3.5% annual yield, cashback, international remittances and cryptocurrency trading services.
- It plans to launch a financial service for US users that offers a 3.5% annual yield on deposited funds.
- The company said it plans to expand its digital financial services footprint in the US by offering cashback on payments, global remittances, and cryptocurrency trading features.
Forecast Trend Report by Period
Nu, Latin America’s largest digital bank, is entering the US market with services including a 3.5% annual yield, cashback, international remittances and cryptocurrency trading.
Cointelegraph reported on September 11 that the company plans to launch a financial product for US users offering a 3.5% annual yield on deposited funds.
Nu will also offer cashback on payments and global remittances, expanding its digital financial services footprint in the US.
The company also plans to add cryptocurrency trading. It did not disclose details including which assets will be supported or when the service will launch.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.