STORY CONTINUES BELOW THESE SALTWIRE VIDEOSMEXICO CITY - Nubank, one of Latin America's biggest fintech companies, announced on Tuesday the launch of personal loans for the Mexican market, aiming to boost its financial services portfolio in the region's second-largest economy.
The service will be available to employees on a test mode before hitting the market in the following months, it added. "Around 20% of the adult population connected by smartphones in Mexico has already applied to a Nu product. We look forward to continuing to expand our footprint in the country," said the fintech's Mexico head, Ivan Canales.
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Mexican Local Investment Booms Led by Construction, NearshoringMexico’s gross fixed investment rose the most in over two years in yet another sign the country is benefiting from the relocation of companies to tap the US market and from the government’s infrastructure plans.
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