Nu Holdings (also called Nubank), Latin America’s largest fintech financial institution, has partnered with Lightspark to combine the Bitcoin Lightning Community and UMA (Common Financial Tackle) into its platform. In line with a press launch despatched to Bitcoin Journal, the partnership goals to boost Nubank’s providers by enabling near-instant, low-cost Bitcoin and fiat transactions.
I’m very pleased @nubank chosen @Lightspark Through Bitcoin Lightning Community and UMA (Common Financial Tackle) @umastandard its platforms and prospects. Now working with the Nubank workforce to combine. Vamos! https://t.co/yDYJpNXlKR ⚡ pic.twitter.com/HYuuImG08u
— David Marcus (@davidmarcus) June 25, 2024
“We’re excited to play a task in bringing Lightning to Nu’s 100 million prospects and add options to make their monetary lives easier and extra environment friendly,” mentioned David Marcus, CEO and co-founder of Lightspark. “At Lightspark , we’re excited to assist Nubank proceed to develop its crypto options. It’s additionally nice to work with Nu’s proficient workforce.
Lightspark’s superior applied sciences, together with SDKs, APIs and AI instruments, are designed to facilitate seamless integration and optimization of transactions. In line with the announcement, this partnership is consistent with Nubank’s mission to supply environment friendly, cost-effective options to prospects, and Lightspark goals to help Nubank’s rising Bitcoin providers.
Thomaz Fortes mentioned: “Lightspark has developed glorious technical options for the Bitcoin Lightning Community. The cooperation with Lightspark is one other step in Nubank’s mission to supply our prospects with one of the best options and strengthen our long-term relationship with all prospects. relationship. “Future integration of the Lightning Community underscores Nu’s ongoing mission to ship extra environment friendly providers at quicker speeds and at decrease prices via blockchain know-how. ”
Lightspark additional emphasised the significance of this partnership, marking one other main milestone for the Lightning Community, which can enhance general Lightning Community utilization and enhance Nubank’s Bitcoin for greater than 100 million prospects in Brazil, Mexico and Colombia. coin expertise.