Nubank and Lightspark partnership
Nu Holdings, known as Nubank and the largest fintech bank in Latin America, has partnered with Lightspark to integrate the Bitcoin Lightning Network and Universal Money Addresses (UMA) into its platform. This integration aims to enable near real-time and low-cost Bitcoin and fiat transactions, improving Nubank's services to its large customer base.
David Marcus' enthusiasm
Lightspark CEO David Marcus was excited about the collaboration and highlighted the potential benefits for Nubank's 100 million customers, particularly in making financial transactions easier and more efficient. The partnership leverages Lightspark's advanced technology, including software development kits (SDKs), application programming interfaces (APIs) and AI tools, to ensure seamless integration and optimization.
Thomaz Fortes' statement
Thomaz Fortes, Executive Director at Nubank Cripto, explained that the collaboration with Lightspark is in line with Nubank's mission to offer the best solutions for its customers and strengthen long-term customer relationships. The planned integration of the Lightning Network is expected to enable more efficient services with higher speed and lower costs through blockchain technology.
This collaboration represents a significant milestone for the Lightning Network and could increase its overall usage as well as improve Nubank's Bitcoin services for its customers in Brazil, Mexico and Colombia.
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