Brazilian unicorn Nubank announced a significant milestone, reaching 85M customers in Latin America. The company became Brazil’s fourth-largest bank with 80M clients, surpassing Banco do Brasil.
“We will continue to invest in our growth as there is ample opportunity to gain additional market share. This milestone is proof of our business model efficiency,” said Nubank Co-founder and CEO, David Vélez.
The company is currently the most valuable bank in Latin America and the largest digital bank in the world.
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