Search results for Nubank
Crypto
Tempo launches mainnet, unveils machine payments protocol with Stripe
Tempo, a payments blockchain co-developed by Stripe and venture capital firm Paradigm, has launched its mainnet, The Block reported on March 18. The project introduced a Layer 1 blockchain designed for large-scale payment processing and an open machine-to-machine payments protocol developed with Stripe. Tempo also unveiled a payments directory listing more than 100 service providers. Tempo was previously released on testnet in December and raised $500 million in a Series A round in October at a $5 billion valuation.
Crypto
Latin American fintech Nubank wins conditional approval to set up U.S. national bank
Latin American fintech firm Nubank has won conditional approval to establish a U.S. national bank, Cointelegraph reported on Jan. 30. The approval would allow it to offer services including deposits, lending, credit cards and digital-asset custody in the United States. Nubank must secure further approvals from the FDIC and the Federal Reserve to begin formal operations and plans to start within 18 months.
Crypto
Revolut applies for banking licence in Peru, targets remittances market
British fintech firm Revolut has applied for a banking licence in Peru to expand in Latin America, Cointelegraph reported. If approved, it would be able to operate as an official bank in Peru, after Mexico, Colombia and Brazil. Revolut is focusing on remittances and cross-border payments, highlighting that about 1,000,000 Peruvians depend on overseas transfers. Peru’s personal remittances totalled $4.93 billion in 2024.