NOTICE TO THE MARKET
Grand Cayman, Cayman Islands, August 10, 2022 - Nu Holdings Ltd. ("Nu Holdings" or "Company"), hereby informs its shareholders and the market that the Financial Superintendence of Colombia (SFC) approved its request to incorporate a financing company in Colombia, Nu Colombia Compañía de Financiamiento S.A. ("Nu Colombia") (Incorporation License or Licencia de Constitución). This will enable Nu Colombia to offer deposit products in the future, amongst other financial products. This milestone reinforces the long-term vision and commitment of the Company to Colombia, and will allow the expansion of its portfolio of credit, payments and savings products in the country.
This is the first of two licenses Nu Colombia must obtain in the country to provide savings options in its portfolio. The second license (Operating License or Licencia de Funcionamiento) will be requested in the next few months. Nu Holdings will keep the market informed of any new developments.
Nu Holdings Ltd. published this content on 10 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2022 11:09:14 UTC.