Nu Holdings Ltd. ("Nu Holdings"of "Company") informs its shareholders and the market that the Financial Superintendence of Colombia ("SFC") has formally approved the merger of its Colombian entity Nu Colombia S.A. into Nu. Colombia Compañía de Financiamiento S.A..
The merger, which consolidates the accounts and operations in the country into one single entity (Nu. Colombia Compañía de Financiamiento S.A.) supervised by the SFC, reinforces the Company's long-term vision and commitment to Colombia and will allow the expansion of its portfolio of products and services in the future.