Nubank, founded in 2013, has a mission to simplify financial services and empower individuals daily by reinventing the industry. As one of the world's largest digital financial service platforms, it serves 85 million customers in Brazil, Mexico, and Colombia. Leading the industry, Nubank leverages proprietary technology and innovative practices to create user-friendly, cost-effective, and empowering financial solutions for individuals and small businesses. Everything it offers is driven by its mission to increase financial access in Latin America.
Key highlights include serving as the primary banking relationship for over 58% of active customers, a strong activity rate of 82.2%, and recent product milestones such as 3.1 million small business customers, 10 million active investment clients, 1.3 million Nubank Cripto users, and 1 million active insurance policies. In Q2'23, Nubank achieved a net profit of $225 million and generated $1.9 billion in revenue. Notably, it was the first credit card or bank account for over 5 million people.
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