Nubank launches US operations targeting 100-150M unbanked

Nubank announced the start of US operations, initially targeting Latin American customers but aiming for a broad market of 100-150 million unbanked or underbanked individuals. The move expands its fintech footprint beyond Latin America, though regulatory and competitive challenges in the US market remain uncertain. This signals a strategic growth push into a large underserved segment, potentially impacting US fintech competition.