Hey Nubank She announced that she would centralize everything Investments In the bank application, thus closing the application Noninvest.
Despite this, NuInvest is still the bank's brokerage, and the changes are that investments will now take place in the designated space in Nubank's own app.
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Customers who already have an account with the bank will have their wallet automatically synced until May 7, without the need to make any asset transfers.
For investors who only have access to the NuInvest app and want to migrate, it will be necessary to download the Nubank app and create an account. According to the bank's statement, these users will have until May 6 to complete the process, as as of May 7, the NuInvest application will not be available for purchases and asset monitoring, only for redemptions or transfers.
Why will Nubank close NuInvest?
The company indicates that the goal of the change is to improve and facilitate clients' investment journeys, by concentrating solutions in one place.
With this, clients will have access to the investment portfolio without brokerage fees, recommendations according to the investor profile and multiple layers of security.
“Over the past few months, we have expanded not only the diversity of asset offerings, but also the entire experience in our application: from product display to monitoring of invested assets,” explains Guilherme Espallargas, Leader of the Investment Area at Nubank.
“This customer-centric evolutionary process is ongoing, and we will continue to evolve to meet the needs of more diverse profiles and income segments,” he highlights.
Reporter
He graduated in Journalism from the University of Nove di Julho. She was a digital marketing writer for two years and joined Money Times in 2022.
He graduated in Journalism from the University of Nove di Julho. She was a digital marketing writer for two years and joined Money Times in 2022.
Charlotte Whitmore is a contributor at Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and practical information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism that keeps readers connected to the issues shaping the UK and beyond.