SAO PAULO, Jan 26 (Reuters) - Nubank said on Monday it will invest more than 2.5 billion reais ($474 million) over five years to expand its office network in Brazil as part of a new hybrid work model.
The Brazilian digital lender, which is listed in the U.S. through Nu Holdings (NU.N) , said late last year that starting in July 2026 it would require around 70% of its staff to work in offices two days a week.
• Nubank will occupy two new Sao Paulo buildings, it said in a statement.
• New workspaces will also open in Campinas, Rio de Janeiro and Belo Horizonte.
• “The regions were chosen with a focus on attracting and retaining talent,” Nubank said.
• Nubank is also expanding its offices in Mexico City and Bogota.
• Workspaces were inaugurated in Miami and Palo Alto, and Nubank said that soon it will also have offices in Washington, D.C. and Buenos Aires.
• Nubank’s headcount grew 26% between September 2023 and September 2025 to 9,500.
($1 = 5.2754 reais)

Brazil's Nubank to invest $474 million to expand offices under hybrid plan