Nubank, a Brazilian neobank, is applying for a national bank charter from the Office of the Comptroller of the Currency (OCC) in the U.S. This move aims to expand its operations and enhance its competitive edge against other fintechs like Monzo, Revolut, and bunq, which have also entered the U.S. banking market. Nubank’s application reflects a growing trend among international fintech firms seeking to establish a stronger presence in the U.S. financial landscape.

Revolut is considering hiring an adviser to explore potential acquisition opportunities in the United States. This move comes as the fintech company seeks to expand its footprint and enhance its market position in the competitive U.S. financial services landscape.

Airwallex is expanding its presence in the Americas following the acquisition of California-based billing startup OpenPay, enhancing its capabilities in recurring billing and payment processing. The company aims to create a comprehensive global billing platform to compete with rivals like Stripe and Recurly, and plans to leverage its substantial funding to penetrate new markets, particularly in the U.S. and Latin America.

Mexican fintech company Klar has successfully raised $190 million in funding, achieving a valuation of $800 million. The investment will support the company's expansion efforts and enhance its product offerings in the financial technology sector.