Nu Holdings will invest $4.2 billion in Mexico.
The investment timeline extends through 2030.
CEO David Vélez announced the plan after meeting with President Claudia Sheinbaum.
The company will spend $2.5 billion of the total over the next four years.
These funds will scale technological infrastructure and support commercial expansion.
Regulators granted Nu Mexico final authorization to operate as a commercial bank.
This license enables the digital bank to expand beyond credit cards and savings accounts.
Nu Mexico currently serves 15 million customers.
The subsidiary achieved break-even status in the first quarter of 2026.