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Submitted URL: https://www.thisweekinfintech.com/r/cdccbbdf?m=ba6ff7fb-c5f3-4eb5-83ec-2f4d89166d38
Effective URL: https://thepaypers.com/cryptocurrencies/nubank-partners-with-fireblocks-to-expand-its-blockchain-products--1263400?ref=...
Submission: On October 15 via api from IN — Scanned from DE
Effective URL: https://thepaypers.com/cryptocurrencies/nubank-partners-with-fireblocks-to-expand-its-blockchain-products--1263400?ref=...
Submission: On October 15 via api from IN — Scanned from DE
Form analysis 1 forms found in the DOM
POST /cryptocurrencies/nubank-partners-with-fireblocks-to-expand-its-blockchain-products--1263400?ref=thisweekinfintech.com
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<h1>Nubank partners with Fireblocks to expand its blockchain products</h1>
<span class="source">Thursday 13 July 2023 12:27 CET | <span id="ctl00_MainPlaceHolder_pHeader" class="type">News</span></span>
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<div class="content regular_content" id="pageContainer"> Brazil-based <a href="https://thepaypers.com/search/index.aspx?search=Nubank" target="_blank">Nubank</a> has partnered with US-based
<a href="https://thepaypers.com/search/index.aspx?search=Fireblocks&area=r&ct=r" target="_blank">Fireblocks</a> to expand the former’s blockchain-based product offerings.<p style="text-align: justify;"> </p>
<p style="text-align: justify;">By integrating Fireblocks into Nubank Cripto, the neobank aims to improve its existing custody capabilities by bringing enterprise-grade security and governance to its clients. Specifically,
the Fireblocks Network supports direct connectivity to liquidity providers, which fosters better settlement efficiency as well as improved operational security, and fewer manual processes and errors. </p>
<p style="text-align: justify;">Fireblocks also offers a modular and scalable infrastructure that can provide Nubank’s engineers with the ability to create new experiences for their users in the future. For instance, the
neobank is involved in Brazil’s Digital Real project to some extent. </p>
<p style="text-align: justify;">Representatives from Nubank Cripto cited by Fireblocks talked about their partnership with the US-based company and highlighted its new role as Nubank’s digital asset infrastructure
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also revealed their goals to be at the forefront of blockchain adoption in a bid to simplify complexities and provide their customers with more control over their financials.</p>
<p style="text-align: justify;"> </p>
<p style="text-align: center;"><img src="/Images/SocialMedia2022/blockchain-cube.jpg" alt="Brazil-based Nubank has partnered with US-based Fireblocks to expand the former’s blockchain-based product offerings."
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<p style="text-align: center;"> </p>
<h2 style="text-align: justify;">What does Fireblocks do? </h2>
<p style="text-align: justify;">Fireblocks is an enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets. The company enables exchanges, lending desks, custodians,
banks, trading desks, and hedge funds to securely scale digital asset operations through the Fireblocks Network and MPC-based Wallet Infrastructure. </p>
<p style="text-align: justify;">Fireblocks serves more than 1,500 financial institutions, has secured the transfer of over USD 3 trillion in digital assets, and has a unique insurance policy that covers assets in storage
and transit.<br>
<br>
</p>
<h2 style="text-align: justify;">More information about Nubank</h2>
<p style="text-align: justify;">Nubank is a digital financial services platform that serves more than 80 million customers across Brazil, Mexico, and Colombia. The company leverages proprietary technologies and innovative
business practices to put forward new financial solutions and experiences for individuals and SMEs. The solutions developed by Nubank are designed with simplicity, convenience, and low cost in mind. </p>
<p style="text-align: justify;">In July 2023, <a href="https://thepaypers.com/online-payments/ebanx-partners-with-nubank--1263376" target="_blank">Nubank partnered with Brazil-based fintech EBANX</a> to launch a new
alternative payment service for international purchases named NuPay. </p>
<p style="text-align: justify;">NuPay is set to provide customers with a secure, fast, and efficient payment experience. After choosing NuPay at checkout, clients are redirected to Nubank’s application to complete the
purchase without having to offer credit card data with every new online or in-store purchase. Furthermore, the payment tool also gives users the capability to pay the purchases in up to 12 instalments.</p><br>
<div style="width:100%;text-align:right;">More: <a href="https://www.fireblocks.com/blog/nubank-integrates-fireblocks-to-expand-blockchain-based-product-offerings/" target="_blank">Link</a></div><br>
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<td class="linksource"><a href="https://thepaypers.com/tags/latest-news-on-blockchain--25300">blockchain</a>, <a href="https://thepaypers.com/tags/latest-news-on-partnership--4022">partnership</a>,
<a href="https://thepaypers.com/tags/latest-news-on-neobanks--52082">neobanks</a>, <a href="https://thepaypers.com/tags/latest-news-on-cryptocurrency--24139">cryptocurrency</a></td>
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<td class="linksource"><a href="/categories/defi-news-and-crypto-news-and-web3-news"> DeFi & Crypto & Web3</a></td>
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<td class="linksource"><a href="https://thepaypers.com/companies/latest-news-on-Fireblocks--29465">Fireblocks</a>, <a href="https://thepaypers.com/companies/latest-news-on-Nubank--25999">Nubank</a></td>
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<td class="linksource"><a href="https://thepaypers.com/countries/latest-news-on-Brazil--31">Brazil</a></td>
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<div id="ctl00_MainPlaceHolder_divDossier" class="article_dossier"> This article is part of category <h4>
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<h2>Voice of the Industry</h2>
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<td class="listTime">13 Oct</td>
<td>
<h4><a href="https://thepaypers.com/expert-opinion/embedded-financial-services-unlocking-value-through-strategic-partnerships--1264929">
Embedded financial services: unlocking value through strategic partnerships
</a></h4>
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<td class="listTime">10 Oct</td>
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<h4><a href="https://thepaypers.com/expert-opinion/embedded-finance-and-baas-the-power-couple-of-finance--1264840">
Embedded Finance and BaaS: the power couple of finance
</a></h4>
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<td class="listTime">9 Oct</td>
<td>
<h4><a href="https://thepaypers.com/thought-leader-insights/banking-as-a-service-a-catalyst-for-advancing-financial-inclusion--1264812">
Banking-as-a-Service: A catalyst for advancing financial inclusion
</a></h4>
</td>
</tr>
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<td class="listTime">5 Oct</td>
<td>
<h4><a href="https://thepaypers.com/expert-opinion/how-to-choose-the-right-payment-orchestration-solution-for-your-business--1264805">
How to choose the right payment orchestration solution for your business
</a></h4>
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<td class="listTime">5 Oct</td>
<td>
<h4><a href="https://thepaypers.com/expert-opinion/navigating-peak-sales-a-consumer-centric-approach-to-ecommerce-success--1264798">
Navigating peak sales: a consumer-centric approach to ecommerce success
</a></h4>
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<h2>Interviews</h2>
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<td class="listTime">13 Oct</td>
<td>
<h4><a href="https://thepaypers.com/interviews/ewpn-breaking-down-boundaries-for-a-brave-new-world--1264926">
EWPN – Breaking down boundaries for a brave new world
</a></h4>
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<td class="listTime">12 Oct</td>
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<h4><a href="https://thepaypers.com/interviews/kushkis-journey-to-becoming-latams-first-next-gen-payment-acquirer--1264898">
Kushki's journey to becoming LATAM's first next-gen payment acquirer
</a></h4>
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<td class="listTime">10 Oct</td>
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<h4><a href="https://thepaypers.com/interviews/real-time-payments-revolution-be-fast-or-be-last--1264864">
Real-time payments revolution: be fast or be last
</a></h4>
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<td class="listTime">6 Oct</td>
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<h4><a href="https://thepaypers.com/interviews/the-importance-of-global-payments-networks-in-todays-world--1264782">
The importance of global payments networks in today's world
</a></h4>
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<td class="listTime">3 Oct</td>
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<h4><a href="https://thepaypers.com/interviews/driving-growth-catalysts-behind-the-rise-of-embedded-finance-in-the-us--1264731">
Driving growth: Catalysts behind the rise of Embedded Finance in the US
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<a href="https://thepaypers.com/international/calendar">16 Oct</a>
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<span>Fintech Surge</span>
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<a href="https://thepaypers.com/international/calendar">16 Oct</a>
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<a href="https://thepaypers.com/international/calendar">17 Oct</a>
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<a href="https://thepaypers.com/international/calendar">18 Oct</a>
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<span>EU Digital Identity Wallets Forum</span>
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<a href="https://thepaypers.com/international/calendar">18 Oct</a>
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<span>Open Banking Expo UK 2023</span>
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<a href="https://thepaypers.com/international/calendar">18 Oct</a>
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<span>The Global Anti Scam Summit 2023</span>
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<a href="https://thepaypers.com/international/calendar">18 Oct</a>
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<a href="https://thepaypers.com/international/calendar">18 Oct</a>
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<a href="https://thepaypers.com/international/calendar">19 Oct</a>
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<span>Open Banking Expo Awards</span>
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<a href="https://thepaypers.com/international/calendar">22 Oct</a>
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<span>Money 20/20 USA</span>
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<a href="https://thepaypers.com/events#6125">16 Oct</a>
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<a href="https://thepaypers.com/events#6126">16 Oct</a>
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<a href="https://thepaypers.com/events#6192">17 Oct</a>
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<a href="https://thepaypers.com/events#6192">MWC Africa 2023</a>
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<a href="https://thepaypers.com/events#6089">18 Oct</a>
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<a href="https://thepaypers.com/events#6089">Co-Brand & Travel Rewards 2023</a>
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<a href="https://thepaypers.com/events#6132">18 Oct</a>
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<a href="https://thepaypers.com/events#6132">Seamless Europe</a>
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<a href="https://thepaypers.com/events#6304">18 Oct</a>
</td>
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<a href="https://thepaypers.com/events#6304">EU Digital Identity Wallets Forum</a>
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<a href="https://thepaypers.com/events#6315">18 Oct</a>
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<a href="https://thepaypers.com/events#6315">Open Banking Expo UK & Europe 2023 </a>
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<a href="https://thepaypers.com/events#6319">18 Oct</a>
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<a href="https://thepaypers.com/events#6319">The Global Anti Scam Summit 2023</a>
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<td class="listTime calTime">
<a href="https://thepaypers.com/events#6309">19 Oct</a>
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<a href="https://thepaypers.com/events#6309">Open Banking Expo Awards</a>
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<a href="https://thepaypers.com/events#6312">20 Oct</a>
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<a href="https://thepaypers.com/events#6312">Money 20/20 US</a>
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Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | Cross Border Ecommerce Research | Company Database | Events News NUBANK PARTNERS WITH FIREBLOCKS TO EXPAND ITS BLOCKCHAIN PRODUCTS Thursday 13 July 2023 12:27 CET | News Brazil-based Nubank has partnered with US-based Fireblocks to expand the former’s blockchain-based product offerings. By integrating Fireblocks into Nubank Cripto, the neobank aims to improve its existing custody capabilities by bringing enterprise-grade security and governance to its clients. Specifically, the Fireblocks Network supports direct connectivity to liquidity providers, which fosters better settlement efficiency as well as improved operational security, and fewer manual processes and errors. Fireblocks also offers a modular and scalable infrastructure that can provide Nubank’s engineers with the ability to create new experiences for their users in the future. For instance, the neobank is involved in Brazil’s Digital Real project to some extent. Representatives from Nubank Cripto cited by Fireblocks talked about their partnership with the US-based company and highlighted its new role as Nubank’s digital asset infrastructure provider. They also talked about blockchain technologies and the opportunities that they bring, as well as their ability to support real innovations in the financial system of Brazil and Latin America. Nubank officials also revealed their goals to be at the forefront of blockchain adoption in a bid to simplify complexities and provide their customers with more control over their financials. WHAT DOES FIREBLOCKS DO? Fireblocks is an enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets. The company enables exchanges, lending desks, custodians, banks, trading desks, and hedge funds to securely scale digital asset operations through the Fireblocks Network and MPC-based Wallet Infrastructure. Fireblocks serves more than 1,500 financial institutions, has secured the transfer of over USD 3 trillion in digital assets, and has a unique insurance policy that covers assets in storage and transit. MORE INFORMATION ABOUT NUBANK Nubank is a digital financial services platform that serves more than 80 million customers across Brazil, Mexico, and Colombia. The company leverages proprietary technologies and innovative business practices to put forward new financial solutions and experiences for individuals and SMEs. The solutions developed by Nubank are designed with simplicity, convenience, and low cost in mind. In July 2023, Nubank partnered with Brazil-based fintech EBANX to launch a new alternative payment service for international purchases named NuPay. NuPay is set to provide customers with a secure, fast, and efficient payment experience. After choosing NuPay at checkout, clients are redirected to Nubank’s application to complete the purchase without having to offer credit card data with every new online or in-store purchase. Furthermore, the payment tool also gives users the capability to pay the purchases in up to 12 instalments. More: Link -------------------------------------------------------------------------------- FREE HEADLINES IN YOUR E-MAIL Every day we send out a free e-mail with the most important headlines of the last 24 hours. Subscribe now Keywords: blockchain, partnership, neobanks, cryptocurrency Categories: DeFi & Crypto & Web3 Companies: Fireblocks, Nubank Countries: Brazil This article is part of category DEFI & CRYPTO & WEB3 ::: more FIREBLOCKS | NUBANK | DISCOVER ALL THE COMPANY NEWS ON FIREBLOCKS AND OTHER ARTICLES RELATED TO FIREBLOCKS IN THE PAYPERS NEWS, REPORTS, AND INSIGHTS ON THE PAYMENTS AND FINTECH INDUSTRY: DISCOVER ALL THE COMPANY NEWS ON NUBANK AND OTHER ARTICLES RELATED TO NUBANK IN THE PAYPERS NEWS, REPORTS, AND INSIGHTS ON THE PAYMENTS AND FINTECH INDUSTRY: ADD COMMENT Register an account with The Paypers We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. 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