Nu Holdings Ltd. entered into a share purchase agreement to acquire 100% of Banco Porto Real de Investimentos S.A. This acquisition allows the company to obtain a banking license in Brazil, complying with Joint Resolution No. 17 issued by the Banco Central do Brasil and the National Monetary Council. The transaction aims to integrate the new license into the existing Nu Pagamentos S.A. conglomerate without imposing additional capital or liquidity requirements. Completion remains subject to Brazilian Central Bank approval. Nu Holdings Ltd. is a digital financial services platform.
