Nubank Partners With Lightspark to Bring Lightning Network Access to Over 100 Million Customers in Latam

Nubank has partnered with Lightspark to integrate the capabilities of the Bitcoin Lightning Network into its banking platform

- Nubank customers in Brazil, Mexico and Colombia will be the first to benefit from this integration.

- The integration will enable near real-time and low-cost transactions.

- Nubank will also introduce a Universal Money Address (UMA) feature, which will simplify money transfers.

- Nubank already offers trading services for 14 different cryptocurrencies and has allocated one percent of its net assets to Bitcoin$BTC

- This move is likely to set a precedent for other financial institutions in the region to follow suit, thereby accelerating the adoption of digital finance in Latin America.