Nu Holdings, referred to as Nubank, Latin America’s largest fintech financial institution, has partnered with Lightspark to combine the Bitcoin Lightning Community and UMA (Common Cash Addresses) into its platform. This collaboration goals to reinforce Nubank’s providers by enabling close to real-time, low-cost Bitcoin and fiat transactions, based on a press launch despatched to Bitcoin Journal.
I’m thrilled that @nubank has chosen @Lightspark to carry the Bitcoin Lightning Community and UMA (Common Cash Addresses) through the @umastandard to its platform and clients. Now working with the Nubank staff on the mixing. Vamos! https://t.co/yDYJpNXlKR ⚡ pic.twitter.com/HYuuImG08u
— David Marcus (@davidmarcus) June 25, 2024
“We’re excited to play a job in bringing Lightning to Nu’s 100 million clients and including options to make their monetary lives less complicated and extra environment friendly,” said David Marcus, CEO and co-founder of Lightspark. “At Lightspark, we’re delighted to allow Nubank to maintain evolving its crypto options. It’s additionally been incredible to work with the proficient staff at Nu.”
Lightspark’s superior expertise, together with SDKs, APIs, and AI instruments, goals to facilitate seamless integration and optimization of transactions. This partnership aligns with Nubank’s mission to supply environment friendly, cost-effective options for its clients, whereas Lightspark goals to assist Nubank’s evolving Bitcoin providers, based on the announcement.
“The partnership with Lightspark, which has developed a wonderful technical resolution for the Bitcoin Lightning Community, is one other step in Nubank’s mission to supply the very best options for our purchasers and reinforce our long-term relationship with all of them,” mentioned Thomaz Fortes, Govt Director at Nubank Cripto. “The longer term integration of Lightning underscores Nu’s ongoing mission to supply extra environment friendly providers with better pace and decrease prices via blockchain expertise.”
Lightspark additional emphasised the significance of this partnership in marking one other large milestone for the Lightning Community, which might see it probably increase its total utilization and advancing Nubank’s Bitcoin expertise for its over 100 million clients throughout Brazil, Mexico, and Colombia.
