Nubank has received conditional approval from the OCC for a US national bank charter, marking a significant step in its U.S. expansion. The approval process took just 121 days, indicating the OCC’s commitment to streamlining the charter process. Nubank plans to establish hubs in Miami, San Francisco, Northern Virginia, and the Research Triangle, where it will offer deposit accounts, credit cards, lending, and digital asset custody. This move positions Nubank as a serious player in the U.S. market, with the potential to challenge existing neobanks. In Brazil, PicPay successfully launched its IPO on Nasdaq, raising $434 million and valuing the company at $2.6 billion. The IPO was 10 times oversubscribed, reflecting strong investor demand. PicPay's profitability, with a net income of R$270 million in the first nine months of 2025, contrasts sharply with its failed IPO attempt in 2021, which was hampered by a focus on growth over profitability. This success may encourage more Brazilian companies to pursue public offerings, signaling a revival in the market. Mastercard has introduced agentic commerce in Australia by completing the first authenticated agentic transactions with major banks. This technology allows AI agents to autonomously make purchases on behalf of consumers, pending biometric authentication. This development could transform the shopping experience, providing consumers with a new level of convenience and control. Meanwhile, Dakota, a neobank, is pivoting to become a stablecoin infrastructure platform, offering APIs for companies to facilitate global money movement without becoming stablecoin issuers themselves. This shift highlights the growing demand for stablecoin solutions amid increasing regulatory clarity.