Nubank Wins Conditional U.S. Charter Approval, Starting An 18-Month Race

Key Points Nubank has conditional approval to form a U.S. national bank, but it still cannot operate. The next gates are the Fed and the FDIC, plus strict deadlines to fund and launch the new bank. Roberto Campos Neto will chair the board, and co-founder Cristina Junqueira is set to lead the U.S. buildout. Nubank […]