Wise Platform Announces First Partnership in Brazil with Nubank

Wise announces its first partnership in Brazil with Nubank, the world’s largest digital banking platform outside of Asia.

This strategic collaboration allows Nubank to utilize Wise’s infrastructure to offer multi-currency accounts and debit cards directly through their application. Nubank’s premium segment customers, Ultravioleta, can now effortlessly spend, convert, and manage money internationally.

“Partnering with Nubank, one of South America’s largest financial services providers, is another major milestone for Wise Platform. Through this partnership, we’re helping Nubank customers access fast, transparent payments and the ability to easily manage money across currencies,” said Steve Naudé, Global Managing Director for Wise Platform.

Unmatched Benefits for Nubank Ultravioleta Clients

Nubank Ultravioleta clients can now access fast, low-cost, and transparent international payments directly from the Nubank platform. They can also hold money in USD and EUR with a global account and spend like locals with an international debit card in over 200 countries and territories.

The Power of Wise Platform

Wise Platform enables banks, financial institutions, and enterprises to integrate Wise’s cutting-edge infrastructure into their existing platforms. This provides these organizations with the technology, capabilities, and network to offer fast, secure, and cost-effective international payments for their customers.

Naudé added, “Across the sector, we are seeing a real push from banks and financial institutions to provide their customers with best-in-class international payments services. By working with Wise Platform, banks can achieve this in a matter of months or even weeks. We’re thrilled to be working with Nubank, which joins a growing list of major partner banks and financial services providers, including Shinhan Bank, Bank Mandiri, BPCE, and IndusInd.”

Wise Platform partners benefit from the combined expertise of engineers and payments experts who have spent the past decade building one of the world’s largest global payment networks. This team includes dedicated delivery, engineering, customer, and product specialists who work collaboratively to integrate Wise APIs seamlessly into partners’ existing infrastructures and user interfaces.

Nubank Ultravioleta clients can now experience the benefits of this groundbreaking product, enjoying a fast, low-cost, and seamless way to manage and spend money across borders.