It has agreed on a cash-and-stock deal for the broker.
Nubank offers no-free credit cards.
It currently has around 30mn clients.
The acquisition is a step on Nubank’s journey to become a full-service financial provider, which it says has been its goal since it was founded, due to the inefficiency of current banking offerings.
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The proposal aligns with European regulators’ push for banking sector consolidation, aiming to enhance competitiveness and efficiency in the fragmented Italian market...
Thus Initiative enhances Fusion Bank’s operational efficiency and enables rapid market adaptability
Alternative data to power more accurate borrower risk assessment
Eden AI, which works with more than 500 organisations including the Council of Europe and Atos, translates sophisticated AI models into practical tools for businesses...
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