CNBV Approves Nu to Operate as a Bank in Mexico

The CNBV has granted Nu final approval to operate as a bank in Mexico, giving the company 30 calendar days to complete its operational transformation. The move marks a regulatory shift from its fintech status to multiple banking, with possible effects on products such as payroll services and a broader range of financial services.

What Nu said

Nu said publicly that the authorization does not mean immediate changes for customers during the transition process. On its social channels, the company also said it operates in Mexico with more than 15 million customers, a figure that helps show the scale of the banking license.

Regulatory scope and corporate message

Available coverage also notes that, in social media posts, Nu linked the license to greater security and operational strength. That wording comes from corporate communications rather than a regulatory document, so it should be read as the company's own framing of the milestone.

The final authorization closes a formal stage in Nu's path toward multiple banking in Mexico. For now, the confirmed point is what the CNBV announced, along with the 30-day calendar deadline to complete the operational transition, while the company says users will not see immediate changes.