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The cryptocurrency-friendly bank Nubank plans to invest 8.2 billion dollars in the Brazilian market by 2026, focusing on AI and credit expansion.

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PANews
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2 hours ago
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PANews May 1 news, according to Crowdfundinsider report, crypto-friendly bank Nubank announced plans to invest 8.2 billion USD in the Brazilian market by 2026, nearly doubling the investment scale compared to two years ago. This funding will focus on four main areas: upgrading AI-driven credit assessment systems, optimizing digital financial products and functionalities, team expansion and infrastructure construction, as well as strengthening capital structure and credit capacity. Currently, Nubank has 113 million customers in Brazil, accounting for over 60% of the country's adult population.

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