Nu’s Global Push Is Bringing Payments Infrastructure Into Focus
Hey Payments Fanatic!
Nu is going global — and the interesting part is what’s happening behind the scenes.
After announcing its biggest expansion yet, Nu is now bringing some pretty important FinTech partners into the picture.
dLocal is helping connect Nu’s global wallets to local payment rails across emerging markets. That matters because entering a new market isn’t just about launching an app — payment rails, local habits, and customer expectations are different everywhere.
Then there’s Circle. Nu Global is integrating USDC and EURC into its new multi-currency account, giving customers access to digital dollar and euro balances and the ability to move money across 35+ countries.
140M+ customers, dLocal connecting the wallets to local rails, and Circle bringing stablecoins into the mix.
That makes Nu Global look less like a simple international account and more like a blueprint for how a global digital bank could actually be built.
Here’s what else is happening in payments 👇
See you tomorrow!
Cheers,
HOW PAYMENTS PERFORMED LAST WEEK
📈 Here’s how listed Payments companies performed over the past week:
NEWS
🌎 dLocal powers Nubank's expansion into new emerging markets, connecting global wallets to local payment rails. The partnership ensures money moves the way local users already expect in each market.
🇮🇳 Mastercard and City Union Bank unveil India's first one-credential experience for consumers and SMEs. The solution lets users authenticate payments with a single credential across multiple channels.
🇮🇳 Mastercard and Google Pay preview biometric payments replacing SMS OTPs, demonstrated at Mumbai's Global Fintech Fest. Eligible Mastercard cardholders on Google Pay will authenticate online payments via fingerprint or facial recognition using Mastercard's CDCVM technology, with rollout expected by end of 2026.
🇦🇪 First Abu Dhabi Bank and Mastercard unveil the UAE's first World Legend exclusive card, pairing bespoke design with luxury lifestyle benefits. The card targets high-net-worth customers and delivers a curated set of premium travel and lifestyle privileges.
🇮🇳 Paramotor partners with NSDL Payments Bank, Mastercard and TBX to expand across India's digital payments and gifting ecosystem. The collaborations will enable new gift cards, prepaid cards, and wider distribution of its platform.
🇳🇬 Mastercard and Busha bring trusted digital asset transfers to Nigeria, simplifying crypto transactions for users. The partnership gives Nigerian users a more secure and streamlined way to move digital assets across the platform.
🇨🇭 Nu partners with Sygnum to launch Nu Global, a multi-currency account using USDC and EURC as underlying digital dollars and euros. The product combines yield, global transfers, and crypto access inside a single app for cross-border users.
🇮🇳 NPCI launches UPI Tap & Pay and AI-Powered 'My UPI', introducing new features for India's digital payments ecosystem. UPI Tap & Pay enables NFC contactless payments, while My UPI uses AI to deliver a personalised payment experience for users.
🇨🇴 MoneyGram launches a Stellar-powered stablecoin Visa card in Colombia, allowing users to spend USDC at any Visa merchant. Physical cards and regional expansion are planned as next steps.
🇸🇬 DBS, OCBC, and UOB complete first live blockchain-enabled SGD transactions on Swift's ledger using tokenised deposits. The milestone demonstrates how shared-ledger technology could support round-the-clock interbank payments beyond traditional processing windows.
🇵🇭 Maya Visa wallet cards now support Google Pay in the Philippines, expanding contactless payment options for cardholders. Visa tokenization technology secures transactions, and the rollout covers shops, public transport, and tourist destinations across the country.
🇨🇩 Zoyk receives Banque Centrale du Congo authorization for Zoykpay as a payment aggregator in the DRC. The service connects businesses and financial institutions to multiple payment channels through a single platform, reducing integration complexity.
🇺🇸 PayPal keeping options open amid buyout rumors, CEO Enrique Lores says at the Goldman Sachs conference. After the board rejected a reported $53B bid from Stripe and Advent, Lores outlined a standalone turnaround with $1.5B in cost savings and $6B in buybacks.
🇺🇸 Parafin and Tekion launch Pay Over Time for dealership B2B buyers. The collaboration brings flexible payment options to automotive dealership transactions through Tekion's platform.
🌍 TransferMate and Serrala partner to bring global payments into finance automation workflows. The integration allows businesses to trigger and reconcile international payments directly within Serrala's platform.
🇬🇧 Zeal raises $10M to activate loyalty software on over four million payment terminals worldwide. The London-based company builds merchant intelligence for POS terminals and has signed acquirer contracts covering a two-year rollout.
Trusted reach among senior decision-makers in FinTech, Payments & Banking.
👉 Explore Partnership here
Comments ()