The ANJL, alongside the International Gaming Association (AIGAMING) and the Brazilian Gaming Association (ABRAJOGOS), hit out in a press release on Tuesday (14 January), claiming Nubank was overstepping the mark.

When transactions made using the instant payment service Pix through Nubank are classed as related to gambling, the bank displays an on-screen message saying: “How about saving this money? Some of these games are legal in Brazil, but there are no guarantees of winning. By saving this money instead of betting, you can be sure that it will yield results without any worries.”