Nubank reaches 100 million customers in Brazil
The milestone reflects a business model focused on simplifying Brazilians' financial lives and diversifying digital services
Nov 11 , 2024
São Paulo, November 11, 2024 – Nubank has reached 100 million customers in Brazil, a number that represents 57% of the adult population in the country. In May, Nu had already reached this milestone globally.
According to Livia Chanes, CEO of Nubank in Brazil, this achievement reflects the focus on the customer and the use of technology to build an efficient and low-cost operational platform. The executive further emphasizes that the milestone represents just the beginning for Nu, which launched its first product 11 years ago.
Since its foundation, Nubank has sought to simplify the financial lives of its customers. With a growth of more than 1 million new Brazilians per month, the expansion was accompanied by important launches, such as credit card, account, business account, Ultravioleta, NuPay, account for Under-18, Caixinhas (Money Bpxes), Payroll Loans, Nu+ and Nu Travel. Learn about the journey in the video below:
After expanding the portfolio, gaining prominence, and creating a positive impact on customers’ financial lives, Nubank is beginning the transition to become a complete digital services platform. Part of this ecosystem already includes Shopping do Nu, Nu Viagens, and, more recently, NuCel. Check out details of this transformation in the following video:
For media inquiries, please reach out to press@nubank.com.br and events@nubank.com.br.