Today, Brazilian-based Nubank, announced they are integrating Fireblocks into Nubank Cripto, the company’s in-app solution for buying and selling cryptocurrencies. With over 80 million customers across Brazil, Mexico, and Colombia, the world’s largest neobank leverages proprietary technologies to empower individuals and SMEs to foster financial access across Latin America.
Nubank is utilizing Fireblocks to enhance their existing custody capabilities, bringing enterprise-grade security and governance to its customers. In particular, the Fireblocks Network brings direct connectivity to liquidity providers which will introduce settlement efficiency, improve operational security, and reduce manual processes and errors.
Fireblocks’ modular and scalable infrastructure also provides Nubank’s engineers with the ability to create new experiences for their users in the future, such as Nu’s involvement in the tokenized currency Real Digital pilot project in Brazil.
With Fireblocks as our chosen digital asset infrastructure provider, Nubank reaffirms our long-term commitment to creating value for our customers with blockchain technology. It’s a world full of opportunities to implement real innovations in Brazil and Latin America’s financial system. We aim to be at the forefront of this movement, simplifying complexities and giving our customers control over their financial lives
About Nubank
Nubank is one of the world’s largest digital financial services platforms, serving over 80 million customers across Brazil, Mexico and Colombia. As one of the leading technology companies in the world, Nubank leverages proprietary technologies and innovative business practices to create new financial solutions and experiences for individuals and SMEs that are simple, intuitive, convenient, low-cost, empowering and human. Guided by a mission to fight complexity and empower people, Nubank is fostering access to financial services across Latin America, connecting profit and purpose to create value for its stakeholders and have a positive impact on the communities it serves. For more information, please visit www.nubank.com.br
