Nubank Teams with Sygnum for Global Crypto Expansion
Nubank, the largest digital bank in Latin America, has partnered with Sygnum to expand its international offering. With over 140 million customers across Brazil, Mexico, and Colombia, Nubank is looking to tap into the global market.
The partnership combines Nubank's customer-centric approach with Sygnum's regulated banking infrastructure and institutional-grade custody solution. This will enable Nubank's customers to buy, hold, and trade a selection of cryptocurrencies and stablecoins seamlessly.
Sygnum's B2B platform provides crypto and banking services that power the launch of Nu Global, a new multi-currency, high-yield account with fast and free money transfers available across 35+ countries. Sygnum provides a bank guarantee to cover Nubank customer assets, in accordance with the Swiss regulatory framework.
Nu Global's assets are safeguarded through Sygnum's institutional-grade, multi-layer custody solution, combining security controls with rigorous governance processes and independent external audits.