{"id":2021920,"date":"2023-09-05T07:45:01","date_gmt":"2023-09-05T11:45:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fintech-nubank-to-launch-personal-loans-for-mexican-market\/"},"modified":"2023-09-05T07:47:30","modified_gmt":"2023-09-05T11:47:30","slug":"fintech-nubank-to-launch-personal-loans-for-mexican-market","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fintech-nubank-to-launch-personal-loans-for-mexican-market\/","title":{"rendered":"Nubank, the fintech company, to introduce personal loans in Mexico."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ffintech-nubank-to-launch-personal-loans-for-mexican-market%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2021920&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<h2>Latin America&#8217;s Fintech Giant Nubank \u2063Launches Personal Loans in\u2062 Mexico<\/h2>\n<blockquote>\n<p>By Valentine Hilaire<\/p>\n<\/blockquote>\n<p>MEXICO CITY\u2062 (Reuters) \u2013 Nubank, one of\u200c Latin \u2062America\u2019s biggest fintech companies,\u200d announced on Tuesday the launch of personal loans \u200bfor\u200d the Mexican\u2063 market, aiming to boost its financial services portfolio in the region\u2019s second-largest \u2062economy.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>The new product will allow customers to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fintech-nubank-to-launch-personal-loans-for-mexican-market\/\" title=\"Nubank, the fintech company, to introduce personal loans in Mexico.\">obtain personal loans<\/a> \u2064in less than five minutes through its platform,\u2064 the digital bank\u2019s Mexican arm, known as Nu Mexico, said in a statement.<\/p>\n<p>The service will be available\u200d to\u2062 employees\u2063 on a test mode before hitting the market \u200din\u200d the following months, it added.<\/p>\n<p>The \u2062announcement \u2062follows the bank\u2019s launch of savings \u200caccounts in Mexico earlier\u200b this year, which \u200bit said had\u200d more than one million users after a month.<\/p>\n<p>\u201cAround 20% \u2064of the adult \u2062population connected\u200c by smartphones in Mexico has already applied\u2064 to a Nu product. We look forward to \u2064continuing to expand\u200b our footprint in the country,\u201d said \u200cthe\u2063 fintech\u2019s Mexico head, Ivan \u200cCanales.<\/p>\n<p>Brazil\u2019s Nubank reported last month a record revenue of $1.9 billion for the second quarter, which \u200bit attributed to\u2064 a\u200c spike in new customers.<\/p>\n<p>Executives from the\u200d fintech firm told \u2063Reuters last month \u200dMexico is the market showing more potential for growth, and the company \u2062is ready to roll out products at\u2062 a faster pace next year. <\/p>\n<p>Nubank listed its shares \u200bin New York in \u2062late 2021. The\u200c stock has surged nearly 80% so far this year.<\/p>\n<\/p>\n<p>  (Reporting by Valentine Hilaire; Editing by Sandra Maler)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/fintech-nubank-to-launch\/attachment\/nubank-a-brazilian-fintech-startup-celebrates-the-companys-ipo-at\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h3>This\u200d Week&#8217;s Headlines<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<ul>\n<li>Mark Mix \u200cof the National Right to Work Legal \u2064Defense Foundation \u200csays his organization is fighting Big Labor\u2019s Pro\u2064 Act in Congress.<\/li>\n<li>The Heritage Foundation\u2019s \u2063Brent\u2062 Sadler says the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/smash-mouth-singer-steve-harwell-dead-at-56\/\" title=\"Steve Harwell, lead singer of Smash Mouth, dies at 56.\">recent drone\u200b attacks<\/a> on Russian soil may be intended\u2064 to provoke a negotiated solution with Russia.<\/li>\n<li>Joe Biden celebrates the US Jobs Report, hides Hunter\u2019s job reports and \u200ddelivered \u200csome <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/cnn-covers-up-war-crimes-committed-by-syrian-white-helmets-ignores-oans-on-the-ground-reporting-2\/\" title=\"CNN ignores OAN's on-ground reporting, conceals Syrian White Helmets' war crimes.\">nice gas prices<\/a> just\u200c in \u200dtime for Labor Day Weekend.<\/li>\n<\/ul><\/div>\n<div class=\"entry-content\">\n<h3>Other News<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<ul>\n<li>TikTok has \u200bhired British cybersecurity firm NCC to\u2063 audit its data controls \u200dand protections, and provide independent verification.<\/li>\n<li>Tesla Shanghai has sued a Chinese firm\u2062 over\u2063 tech secret infringement and unfair competition disputes, Shanghai\u2064 Securities Journal reported.<\/li>\n<li>China\u2019s Leapmotor needs to increase its sales by five times or more to survive a\u2062 consolidating EV industry.<\/li>\n<\/ul><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nubank, a major Latin American fintech firm, has introduced quick personal loans in Mexico. This move aims to expand its financial services offerings in the region&#8217;s second-largest economy. Customers can now secure personal loans in under five minutes.<\/p>\n","protected":false},"author":66,"featured_media":2021921,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-2021920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2021920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2021920"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2021920\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2021921"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2021920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2021920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2021920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}