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By Mariana Allende - Mon, 01/12/2026 - 09:15
This year, Banxico gradually cut interest rates, which squeezed G7 bank profits, while CIBanco and Vector faced AML allegations.
https://mexicobusiness.news/tag/nu-mexico
More Finance & Fintech
By Mariana Allende - Fri, 03/28/2025 - 07:38
Nu Mexico marks six years with 10 million users, awaiting approval for its banking license.
By MBN Staff - Fri, 01/24/2025 - 07:22
Nu has reached 10 million customers in Mexico, doubling its user base in just one year while awaiting its banking license.
By MBN Staff - Tue, 01/14/2025 - 12:52
OXXO partners with Nu Mexico to offer cash withdrawals at 22,000 stores, with more services like deposits and payments to follow.
By Mariana Allende - Thu, 12/19/2024 - 07:26
Fintechs in Mexico are shifting to banking licenses to expand offerings and operate in a more regulated environment. What is their current status?
By Mariana Allende - Fri, 12/13/2024 - 07:45
Mexican fintech companies, targeting previously excluded sectors, are applying for banking licenses to expand their offerings.
By MBN Staff - Wed, 08/28/2024 - 13:29
Sofipos Nu Mexico and Finsus seek a banking license to expand financial services, including payroll portability for Mexicans.
By Mariana Allende - Mon, 06/10/2024 - 11:43
Fintech companies and banks compete for users by offering yield accounts, but client retention remains a challenge.
By Mariana Allende - Thu, 05/09/2024 - 10:00
BVM-listed companies in Mexico are facing higher operational costs due to the rise in wages, while the country’s credit score remains stable.
By MBN Staff - Wed, 05/08/2024 - 15:06
Nubank has reached 100 million customers across Brazil, Mexico, and Colombia, making it the first digital bank outside Asia to achieve this mark.
