Nubank’s remittances feature will cover over 100 countries
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more than 100 countries,
per Latin American Business Stories. The Brazil-based neobank—the
world’s largest digital challenger bank, by user count—is rolling out the feature in partnership with
Remessa Online, a transfers vendor that is also based in Brazil.
More on this: The money transfer feature works in other Western Hemisphere countries—including the US, Mexico, Argentina, and Chile—plus markets farther out from Brazil like the UK, Australia, Portugal, and Japan.
Remessa Online expects the Nubank partnership to amp up its user base from the
350,000 it has served within the last 12 months to