Nu Holdings closed Q4’25 with 131 million customers, US$ 4.9 billion in quarterly revenues driven by high engagement, and record net income of US$ 895 million. The results reflect its ability to combine disciplined growth with sustained profitability as Nu continues investing in its core markets. Also in this issue: Nu secured OCC approval to establish a US National Bank, kicking off an 18-month regulatory process that will allow the company to offer a broad product portfolio in the country. It also announced an investment of more than US$ 475 million over the next five years in office expansion to support a new phase of growth in Brazil, detailed its investments in Mexico, and more.