NU HOLDINGS LTD. NOTICE TO THE MARKET
Grand Cayman, Cayman Islands, December 6, 2022 - Nu Holdings Ltd. ("Nu Holdings", "Nu" or "Company"), hereby informs its shareholders and the market that Nu México Financiera, S.A. de C.V., S.F.P ("Nu Financiera") received approval from the Comisión Nacional Bancaria y de Valores ("CNBV") to acquire the entire credit portfolio from its affiliate company, Nu Bn Servicios México, S.A. de C.V.
This CNBV approval will allow Nu Financiera to offer credit card, savings accounts, and debit cards throughout the same Nu application in Mexico starting on December 6, 2022. This milestone reinforces the long term vision and commitment of the Company to Mexico, and will allow the expansion of its products in the country. Along with this regulatory approval, Nu announces an equity capitalization of three hundred and thirty million US Dollars (US$330.000.000) in its Mexican operation.
Nu Holdings will keep the market informed of any new relevant developments on the topic.
Investor Relations
Jorg Friedemann
investors@nubank.com.br
Media Relations
Leila Suwwan
press@nubank.com.br
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Nu Holdings Ltd. published this content on 06 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 December 2022 12:31:06 UTC.
