**Nubank Applies for U.S. National Bank Charter, Begins Regulatory Review** Nu Holdings Ltd., the parent company of Nubank (NYSE: NU), has announced it has formally applied for a U.S. national bank charter with the Office of the Comptroller of the Currency $(OCC)$. This marks a significant step in Nubank's strategy to expand its digital banking services beyond Latin America and into the U.S. market. The application is now under regulatory review; no approval or grant has been issued yet. Nubank's move is aimed at enabling the company to eventually offer a suite of financial products in the U.S., including deposit accounts, credit cards, lending, and digital asset custody. The process is being guided by Klaros Group and Davis Polk & Wardwell LLP. This application is solely from Nu Holdings Ltd.; no other organizations are named as recipients of regulatory approval or involved in the charter application. Nubank's leadership, including co-founder Cristina Junqueira, who has relocated to the U.S., emphasized the company's commitment to compliance and innovation in serving both existing and future customers in the American market.