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Nubank plans to expand beyond banking in the mobile telephony sector with a new service approved by The Brazilian National Telecommunications Agency (Anatel)

17 aprilie 2024

Nubank set to enter the mobile telephony sector with its own mobile virtual network operator(MVNO), using Claro’s network, according to Tecnoblog . Claro is a mobile, satellite-television, fixed, and broadband telecommunications operator.

This development follows the Anatel’s approval of a contract between Nubank’s subsidiary, Nucommerce Ltda., and Claro, marking a significant step into the telecommunications sector for the digital bank.


At the time of the announcement, there is no information regarding whether Nubank’s offering is set to be B2B, B2C, or both. 

This places Nubank among other financial institutions like Banco Inter, which also operates its mobile network, Inter Cel, through Vivo.

Such expansions by banks into mobile services underline a growing trend of blending financial services with telecom offerings to enhance customer value propositions through integrated services and incentives such as cashbacks and exclusive deals.

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Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:

Sondaj

In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?