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Nubank
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Payments
Nubank's Q2 Earnings Surge 65% as Customer Base Hits 104.5 Million
2024-08-14T10:16:39.865+02:00
The fintech reported record Q2 2024 results, with net income doubling to $487 million and revenue reaching $2.8 billion.
The customer base surpassed the 100 million milestone mainly due to growth in Brazil and Colombia.
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FinTech
Nubank Collaborates with Lightspark to Implement Bitcoin Lightning Network
2024-06-25T17:22:52.884+02:00
Lightspark's technology streamlines Nubank's operations, without complex technical management.
More developments and enhancements are anticipated as the Lightning Network integration advances.
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FinTech
USDC Issuer Circle Announces Entry into Brazil's Fintech Sector
2024-05-29T13:31:41.372+02:00
Partnership with BTG Pactual and Nubank aims to provide access to USDC for Brazilian users.
Brazil's growing fintech sector, fuelled by initiatives like Pix, presents a favorable market.
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Nubank Teams Up with Wise to Expand International Financial Offerings
2024-04-08T17:27:30.127+02:00
Wise Platform has 85 global partners including Bank Mandiri, Shinhan Bank and Google Pay.
Nubank has over 90 million customers in South America, with 85 million in Brazil.
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Payments
Nubank Sets Sights on Becoming Latin America's Largest Fintech
2024-02-26T09:57:50.304+02:00
Nubank achieved $1 Billion net profit, marking a significant turnaround from previous years.
The company's customer base reached nearly 94 million across Brazil, Mexico, and Colombia.
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Payments
Nubank on Track to Achieve $1 Billion Annual Profits, CEO Says
2024-02-06T11:25:53.430+02:00
Expansion in Mexico is critical to Nubank's strategy. Next, it is eying the United States.
Nubank targets becoming the top financial service in Latin America.
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