• TRM (USD/COP)COP 3,316.70 +0.45% +COP 14.79Colombia's official exchange rate (Financial Superintendence), valid Nov 14 to Nov 17
  • EuroCOP 3,665.63 +0.45% +COP 16.34Reference: TRM crossed with the European Central Bank rate of Nov 13; not the market quote
  • Mexican pesoCOP 178.38 +0.44% +COP 0.79Reference: TRM crossed with the European Central Bank rate of Nov 13; not the market quote
Quilla NewsFinance & Technology
ENES

Nubank becomes a bank in Brazil after Central Bank approves purchase of Banco Porto Real

FinanceInternationalPortafolio10 s readAI summary
Image: Portafolio

Brazil's Central Bank approved Nubank's purchase of Banco Porto Real, allowing the fintech to operate as a bank in the country. The deal will close in the coming days and complies with the rule regulating who may use the word "bank".

Read the full story at Portafolio

IASummary generated by artificial intelligence from a story by Portafolio. It may contain errors: the original source prevails.

More flashes