Nasdaq announced it has expanded its digital bank financial technology presence in Latin America, having agreed to provide its AxiomSL regulatory reporting solution to Nubank, a digital bank with over 100M customers across Brazil, Mexico, and Colombia. The agreement extends Nasdaq’s existing partnership with Nubank which includes providing the technology that underpins the bank’s treasury function – managing its fixed income and money market operations – and now the bank’s regulatory reporting obligations in Colombia.
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