Brazil Bans Nubank from “Bank” Branding: Fintech Crackdown Hits Hard
Brazil Hits Nubank with Branding Ban: No “Bank” Without a License Brazil’s fintech giant Nubank, boasting 110 million customers and a valuation north of $80 billion, has just been handed a regulatory gut punch. As of November, the country’s authorities have forbidden the company from using the term “bank” in its branding within Brazil, all […]
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