Woofun AI reports that Nu Holdings, parent of Nubank, has obtained an official banking license from the Comision Nacional Bancaria y de Valores in Mexico. This regulatory approval permits the institution to provide payroll accounts, checking accounts, higher-limit deposits, and expanded loan products within the country. Since entering the Mexican market in 2019, Nubank has served over 15 million customers, comprising approximately 15% of the local adult population. Founder and Global CEO David Vélez stated that total investment in Mexico is projected to reach $4.2 billion by 2030.