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Brazilian neobank Nubank introduced in the present day a partnership with Lightspark to combine the Bitcoin Lightning Community into their crypto providers, aiming to boost transaction pace and scalability for over 100 million prospects.
“The partnership with Lightspark, which has developed a superb technical answer for the Bitcoin Lightning Community, is one other step inside Nubank’s goal to supply the most effective options to our prospects and to strengthen our long-term relationship with all of them,” highlighted Thomaz Fortes, Govt Director of Nubank Crypto.
Fortes added that this implementation endorses the neobank’s mission to supply extra environment friendly providers. Nubank has supplied crypto to its prospects since late 2022, though it solely applied withdrawals in April this yr. In March 2023, Nubank launched its Nucoin token, which is a part of a buyer loyalty program.
Notably, Nubank acquired a $500 million funding from Berkshire Hathaway, the corporate led by the legendary investor and crypto critic Warren Buffett.
“Enabling over 100 million Nubank prospects to entry options that make their monetary lives easier and extra environment friendly via Lightning is one thing distinctive and makes us extraordinarily proud. At Lightspark, we’re thrilled to allow the event of latest providers from the crypto universe alongside Nu’s gifted workforce,” commented David Marcus, CEO and co-founder of Lightspark.
The announcement highlights that it is a vital step in blockchain know-how utilization inside Nubank’s choices. The technical groups from each firms will discover additional blockchain-based options to proceed bettering Nubank’s app performance.
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