Finance Chief Magazine August 2026 | Page 17

NU MEXICO’ S BANKING LICENCE
Nu Mexico has secured a full banking licence from local regulators, solidifying its status as the nation’ s largest digital bank with over 15 million clients. Having hit financial breakeven in Q1 2026 with deposits passing US $ 5.9bn, parent company Nubank plans a US $ 4.2bn regional investment through 2030.
LCAW: BAIN & CO CHECKS PULSE ON NET ZERO GOALS WITH NEW DATA
The third Business Breakthrough Barometer from Bain & Company and the WBCSD, surveying 508 companies, reveals that corporate sustainability has shifted from ambition to a pragmatic focus on resilience and competitive advantage. For finance professionals assessing capital allocation, 92 % of leaders expect sustainability to become a core competitive advantage within five to 10 years. However, macro risks are escalating – 68 % of executives view a disorderly climate transition as more likely than a year ago, and while 98 % deem it a universal business threat, only 15 % feel fully prepared. Speaking to Finance Chief exclusively, Henning Huenteler, BAIN’ s Partner from its Sustainability & Responsibility practice, says that for companies aiming for net zero, the report shows“ companies pressing ahead, but for competitiveness rather than ambition: nearly 90 % of survey respondents have maintained or increased climate investment and 38 % strengthened their targets in 2025”.
BNPL SNAPSHOT
Research from buy-now-pay-later leader PayPal reveals that British businesses are optimistic about the changes to BNPL regulation in the UK. Tamer El-Emary, General Manager UK at PayPal, mentions that the company“ believe [ the regulation ] will help strengthen confidence in the payment category while supporting long term, sustainable growth.”

129 % 49 %

PayPal’ s Pay in 3 service has a 129 % higher average order value than standard PayPal transactions
of firms believe the new BNPL framework will help them establish a more sustainable long-term business model
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