Nubank is said to expand to Colombia
As Business Insider reports, Brazil-based neobank giant Nubank appears primed to launch in Colombia.
A Colombian expansion would mark Nubank’s third market, following Brazil and Mexico. It also boasts a development hub in Argentina, though a full rollout was postponed amid the country’s economic downturn.
Nubank’s experience in catering to underbanked yet tech-savvy populations will set it up for success in the market.