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Nubank will make a personal loan
Fintech Nubank announced on Friday that it will use retail credit, an additional step in the electronic financial services platform to compete directly with the big banks. financial services to compete directly with the country's major banks.
Loans will begin to be offered next Monday, with monthly interest rates of 2.1 to 5% per month, the entire process being done to help with demand. The duration of the financing will be 24 payments maximum.
Credit Cards from Nubank, São Paulo, 12/11/2018 REUTERS / Paula Arend Laier "width =" 460 [19659006] Credit of Nubank, São Paulo, 12/11/2018 REUTERS / Paula Arend Laier
Photo: Reuters
This announcement came nearly two months after Nubank, which became popular in 2014 as a digital credit card platform with no annuity rate, launched the debit feature for new cards. customers.
Since it's been guaranteed by the Central Bank to act as a payment institution in 2017, Nubank has stepped up the supply of financial services to cope with banking sector. Fintech claims to have around 2.5 million customers in payment accounts and 5 million in credit cards.
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