Nu Mexico gets banking license from Mexico's CNBV

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Nu Mexico Receives Authorization to Begin Operations as a Bank

July 10, 2026 10:41 AM EDT

The new entity will become the largest digital bank in the country.

MEXICO CITY--(BUSINESS WIRE)-- Nu Mexico has received authorization from the National Banking and Securities Commission (CNBV) to begin operations as a bank. With more than 15 million customers, Nu will become the largest digital bank in the country, following a process supervised by the CNBV, the Bank of Mexico, and the Ministry of Finance and Public Credit.

This authorization consolidates the model Nu has built in the country: simple, transparent, innovative, 100% digital, and customer-focused, which has allowed it to attract approximately 15%... More