Nubanks Cross Border Expansion Moves

How are they expanding across borders?

A couple of months back there was a rumour swirling around whether or not nubank would consider entering the Middle East.

But just because they haven’t ventured in the MENA region (yet) doesn’t mean, they aren’t making strategic bets using different approaches to both explore new markets and go beyond banking

The graphic below from WhiteSight captures their actions to dates very well - from taking exposure to new geographies like India and the Philippines to forging partnerships with streaming, telecom, and even stablecoin players

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