Nubank buys Banco Porto Real to add banking license in Brazil
20/07/2026 22:18
Nubank buys Banco Porto Real to add banking license in Brazil SAO PAULO, July 20 (Reuters) - Brazilian digital lender Nubank NU.N, formally known as Nu Holdings, said on Monday it has agreed to buy Banco Porto Real, adding a banking license to its financial conglomerate in Brazil, according to a securities filing.
The deal's value was not disclosed.
(Reporting by Andre Romani; Editing by Chris Reese)
((Andre.Romani@thomsonreuters.com; 11 991314109;11 56447500;))
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