These numbers consolidate Nubank as the fifth-largest financial company in Brazil by customers.
Brazilian neobank Nubank reached 90 million customers in Latin America and reported a surge in profits in Q3.
Nubank, the largest digital bank in Latin America, officially launched Nucoin. It is a free-of-charge token that rewards the most loyal users.
With payroll lending, Nubank blazes a trail into secured lending, an asset that bears less risk than credit cards and individual loans.
Brazilian neobank Nubank partnered with Wise to launch a global account. The online lender is targeting the highly affluent in Latin America.
Nubank steps up its game in Latin America by offering remittances in Mexico and securing a new license in Colombia.
Neobank Nubank announced it has reached 100 million customers among its key markets in Latin America, including Brazil, Colombia and Mexico.
Brazilian Nubank reached 79.1 million customers in Latin America by early April. That is up almost 20 million compared to a year ago.
Nubank, the largest neobank in Latin America, nearly doubled its revenue in the first quarter to $1.6 billion, up 87% year-over-year.
Nubank announced it was no longer serving its clients with investment advisory, cutting its headcount by 40.