Nubank Expands Cash Network in Mexico with Oxxo Partnership
Highlights:
- Expanded Access: Over 9 million Nu customers in Mexico gain access to Oxxo’s 22,000+ stores.
- Financial Inclusion: Partnership aims to promote financial inclusion in underserved areas.
- Comprehensive Network: Nu’s network now includes over 30,000 physical contact points.
Summary: Nubank México has partnered with convenience store chain Oxxo to expand its cash withdrawal and deposit network starting in 2025. This collaboration will allow Nu’s 9 million customers in Mexico to access Oxxo’s extensive network of over 22,000 stores across the country.
The partnership aims to promote financial inclusion in areas underserved by traditional financial institutions and marks a significant step towards simplifying access to the financial system in Mexico.
