Deep Tide TechFlow message: On July 10, according to Bloomberg, Nu Holdings, the parent company of Brazil’s crypto-friendly digital bank Nubank, has received approval from Mexico’s financial regulator, obtaining a banking license. This move marks a key step in its business expansion in Latin America’s second-largest economy. After obtaining the license, Nubank will be able to offer services in Mexico in the future, including salary accounts, checking accounts, higher deposit limits, and more loan products.

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