Nubank launches IPCA CDB as new investment option

São Paulo, February 19, 2024 – Nubank has just expanded its investment offerings by bringing another new option to its customers: starting this week, the CDB IPCA (Certificate of Deposit tied to the Consumer Price Index) will be gradually available to users on the app. With this addition, customers will have another fixed-rate investment option to diversify their portfolio and protect their assets against inflation, as CDB is linked to IPCA.

Guilherme Espallargas, Head of Nu Investments, expressed his enthusiasm for the news: “We are very excited to bring the CDB IPCA to our customers. This investment option allows them to protect their money against inflation, a real concern for many people. At Nu, our commitment is to offer a variety of financial products that meet their needs and goals.”

Nu’s customers will be able to invest in the CDB IPCA through the app, along with other investment options. Seven asset options will be presented for selection according to the investor’s goals and profile. The minimum investment varies between 100 and 1000, and the Unit Price (PU) ranges from BRL 100 to BRL 1,000. Clients just need to access the app and evaluate the available options.

Nu seeks to make investing accessible and uncomplicated for everyone, and this addition to the platform is a reflection of that commitment. IPCA-linked CDBs are an excellent choice for investors who want to protect their purchasing power. Now, with the launch of CDB IPCA  in the Nu app, Nu’s customers have a safe and transparent way to invest and preserve the value of their assets.

CDB IPCA is protected by the Brazilian Credit Guarantee Fund (FGC) for investments of up to BRL 250,000 and has no brokerage fee. Like all other similar investment options, the conditions of each asset will be communicated in a transparent and didactic manner.