Nubank to launch loyalty tokens on the Polygon blockchain

Published 10/19/2022, 08:00 AM
Updated 10/19/2022, 09:40 AM
Nubank to launch loyalty tokens on the Polygon blockchain

Nubank, a fintech bank in Brazil, announced the creation of the Nucoin token on the Polygon blockchain on Oct. 19, paving the way for a rewards program for its 70 million clients across Latin America.

The company said that the token will be available in the first half of 2023, and will recognize customer loyalty and engagement with the bank products without cost or fees for its users. The tokens can be redeemed for perks and discounts on selected products. Fernando Czapski, the general manager for Nucoin at Nubank, stated:

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