Fintech: Mexico City
Key Facts
—The launch. Nu México, the Mexican unit of Brazil’s Nubank, begins operating as a fully licensed bank on 6 August 2026, following a technical migration on 5 August.
—The license. Mexico’s banking regulator, the CNBV, and the Finance Ministry (SHCP) gave final authorization on 9 July, converting the firm from a Sofipo into a full multiple bank.
—The scale. Nu México serves more than 15 million customers, making it the country’s largest digital bank and, by customer count, among Mexico’s five largest financial institutions.
