A digital banking revolution is ongoing in Brazil, and at the forefront stands the fintech unicorn, Nubank.

Renowned for its credit cards, seamless transfers, and digital payment services, Nubank achieved a momentous feat, surpassing an astonishing 80 million customers in its home country alone.

The meteoric rise of Nubank is nothing short of extraordinary, and its recent milestone places it as the fourth-largest financial institution in Brazil, outshining even longstanding traditional players like Banco do Brasil in terms of customer base.

But this remarkable growth is not just a mere flash in the pan. In Techloy's lead story this week, I covered how Nubank's digitally empowered banking experience has grown its customer base (with a chart to illustrate) and driven it to financial success both in Brazil and its other markets in Latin America.

See you in August,

– Emmanuel

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Latin America's Fintech Funding in Q2 2023

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