Nu Holdings (NYSE: NU) has announced the start of banking operations in the United States, marking its entry into a new market beyond Latin America.

The company, which reported over 140 million customers across Latin America, launched a suite of products aimed at everyday banking needs in the U.S. market.

Alongside the U.S. launch, Nu Holdings introduced Nu Global, a multi-currency digital account targeting customers with international banking needs.

David Vélez, Founder and CEO of Nu Holdings, said: "This is the next chapter of something we started thirteen years ago in a small house in São Paulo. Since our founding, we have believed that consumer-obsessed digital banking is the future of retail banking globally, and after proving this hypothesis with over 140 million fanatical customers in Latin America, we are excited to start executing our thesis beyond our core region."

The announcement was made according to a company press release.