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Nubank to launch high-yield savings account, credit cards, remittances in the US

Nubank to launch high-yield savings account, credit cards, remittances in the US 

By Tatiana Bautzer

- Brazilian digital bank Nubank NU.N is expected to offer high-yield savings accounts, credit cards and remittances as initial products of its U.S. bank, CEO David Velez said in an interview with Reuters.

Nubank's bank charter was conditionally approved by the OCC in January and now is going through the approval process by the Federal Reserve and FDIC.


(Reporting by Tatiana Bautzer; Editing by Kylie Madry)

((tatiana.bautzer@tr.com; Mob: +1-646-2397968; Reuters Messaging: tatiana.bautzer.thomsonreuters.com@reuters.net))

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