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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/nubank
More Finance & Fintech
Instant Payments Reshape LatAm Banking Competition: Study
By Duncan Randall - Fri, 08/14/2026 - 10:43
Instant payments grew 130-fold in Latin America from 2017-2024, driving banks to modernize core infrastructure and adapt to cross-border competition.
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.
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.
Cash, Trust, and the Real Infrastructure of Financial Inclusion
By Tomás Mindlin - Wed, 05/20/2026 - 09:30
Mexico's financial inclusion depends on building infrastructure that bridges the gap between cash and digital banking, writes Tomás Mindlin.
Meta Faces Trial Over Teen Harm Claims
By Fernando Mares - Fri, 02/27/2026 - 11:34
Mark Zuckerberg testified for the first time on claims that Meta's platforms use addictive designs harmful to minors. This is the week in tech!
Beyond Neobanks: Latin America's Second Wave of Fintech
By Luis Hernandez - Mon, 02/23/2026 - 07:00
Fintech’s second wave in Latam is shifting from neobanks to B2B infrastructure, embedded finance, and AI fraud detection, writes Luis Hernández.
Financial Decisions Driven More by Emotion Than Logic: MIDE
By Mariana Allende - Mon, 01/19/2026 - 08:05
After a complete renovation, MIDE’s financial education now focuses on daily economic decisions to increase access to financial literacy.