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Fintech Nubank to launch personal loans for Mexican market

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By Valentine Hilaire MEXICO CITY (Reuters) - Nubank, one of Latin America's biggest fintech companies, announced on Tuesday the launch of personal ...

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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