Nubank CEO targets U.S. launch with savings, fee-free cards and remittances
Nubank CEO David Velez said the bank expects to offer high-yield savings accounts, no-fee credit cards and remittances as initial U.S. products. Nubank’s charter was conditionally approved by the OCC in January and is now undergoing the Federal Reserve and FDIC approval process.
S. with high-yield savings accounts, credit cards and remittances, CEO David Velez said in an interview with Reuters. Its bank charter was conditionally approved by the OCC in January and is now moving through the approval process with the Federal Reserve and the FDIC.