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Nu Net Income Hits US$1.1 Billion in 2Q26 as Mexico Bank Launches
By Duncan Randall - Tue, 08/25/2026 - 12:26
Nu Holdings posts US$1.1 billion net income in 2Q26, reaches 16 million Mexican users, and officially begins commercial bank operations in Mexico.
https://mexicobusiness.news/tag/nu-mexico
More Finance & Fintech
Mexico’s GDP Grows 2.1% in 2Q26; State Street Makes Market Entry
By Duncan Randall - Thu, 07/30/2026 - 12:38
This week in finance: Mexico’s GDP expands 2.1% YoY during 2Q26 as State Street acquires Santander CACEIS Latam; BingX launches Visa debit card.
Nu México to Launch Commercial Banking Operations Aug. 6
By Duncan Randall - Mon, 07/27/2026 - 09:43
Nu México will launch commercial banking operations on Aug. 6, becoming the country's largest digital bank, with nearly 15 million users.
June Inflation Falls to 3.37%, World Cup Economic Impact Muted
By Duncan Randall - Fri, 07/17/2026 - 12:51
This week in finance: Inflation falls to 3.37% in June as the World Cup’s economic impact in Mexico falls below private sector projections.
Mexico Fintechs Seek Banking Licenses to Cut Costs, Boost Growth
By Duncan Randall - Thu, 07/16/2026 - 10:34
Mexico fintechs are increasingly pursuing banking licenses to cut funding costs and accelerate long-term growth.
Nu México Receives Full Banking License From CNBV, SHCP
By Duncan Randall - Fri, 07/10/2026 - 09:51
Nu México transitions from SOFIPO to a fully licensed commercial bank, backed by a US$4.2 billion investment to expand digital banking infrastructure
Nubank Invests, IMF Cuts Outlook, World Cup Pays Off
By Duncan Randall - Thu, 07/09/2026 - 14:32
This week in finance: Nubank invests US$4.2 billion, the IMF cuts its 2026 outlook and Mexico's World Cup generates MX$45 billion.
Nubank to Invest US$4.2 Billion in Mexico Through 2030
By Duncan Randall - Tue, 07/07/2026 - 12:29
Nubank will invest US$4.2 billion in Mexico through 2030, strengthening its expansion in the country's banking sector.
Setting the Standard for Interoperability in Mexico
By Óscar Goytia - Thu, 04/23/2026 - 13:54
At Mexico Finance & Fintech Summit, leaders say weak regulatory agility hinders Open Finance competitiveness vs Brazil and Colombia.
Kettera Secures US$50 Million to Grow SME Lending in Mexico
By Duncan Randall - Tue, 04/07/2026 - 15:16
Kettera secured up to US$50 million debt facility via KNG Securities to expand SME financing in Mexico, backed by a US private credit investor.
Quintana Roo Unveils Cancun Tech, Finance District
By Duncan Randall - Fri, 03/20/2026 - 13:15
Quintana Roo launches Cancun Financial & Tech District, targeting US$1.1–US$1.3 billion in investment with fiscal incentives over the next decade.