Nubank Intends to Obtain Banking License in Brazil in 2026

Key Terms

banking license regulatory

A banking license is the official permission from regulators that lets a company operate like a bank — take customer deposits, make loans, and process payments. For investors it matters because holding this license changes a firm's business model, brings stricter oversight and capital rules (like safety checks), and grants access to services such as central bank facilities and payment networks, all of which affect profitability, risk and growth potential.

payment institution regulatory

A payment institution is a licensed company that handles payment services such as moving money between accounts, processing card or online payments, and issuing or managing payment instruments without being a full bank. Investors care because its regulatory status, operational security, and access to customer funds directly affect revenue from transaction fees, cash-flow stability, and the legal risks or capital rules that can influence growth and profitability—think of it as a specialist courier for money.

securities brokerage company financial

A securities brokerage company is a firm that helps people buy and sell investments such as stocks, bonds and funds, acting like a ticket agent who connects buyers and sellers and executes transactions on their behalf. It matters to investors because the broker controls how easily and cheaply you can trade, what research and tools you get, and how your money and orders are handled—factors that affect returns, costs and risk.

The Nubank brand and visual identity will remain unchanged; the company holds all required operational licenses to offer its current suite of products and features.

SÃO PAULO--(BUSINESS WIRE)-- Nubank, one of the world's largest digital financial services platforms, announces its intention to obtain a banking license in Brazil. The inclusion of a banking institution within the conglomerate complies with the provisions of Joint Resolution No. 17, issued by the Central Bank and the National Monetary Council, which standardizes brand name usage for regulated institutions. With this decision, the Nubank brand and visual identity will remain unchanged.

This announcement will have no impact on clients, and all operations shall proceed normally. Nubank has more than 110 million customers in Brazil.

"Nubank was founded 12 years ago and has been responsible for the inclusion of 28 million individuals in the financial system. Our identity and mission to simplify our customers’ lives will remain the same," states Livia Chanes, CEO of Nubank in Brazil.

Currently, Nubank fully complies with all applicable regulations, and operates with all necessary licenses as a Payment Institution, a Credit, Financing, and Investment Company (Sociedade de Crédito, Financiamento e Investimento), and a Securities Brokerage Company (Sociedade Corretora de Títulos e Valores Mobiliários). The inclusion of a banking institution within the conglomerate does not materially alter additional capital and liquidity requirements—the financial solidity and resilience remain unaltered.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251203154029/en/

Investors Relations

Guilherme Souto

investors@nubank.com.br

Media Relations

Leila Suwwan

press@nubank.com.br

Source: Nubank