Brazilian digital bank Nubank has surpassed 100 million customers, making it the first digital banking platform outside of Asia to achieve this milestone.
Nubank's success is attributed to its customer-centric business model and the trust placed in the company by its users.
The bank has over 92 million customers in Brazil, 7 million-plus in Mexico, and nearly 1 million in Colombia.
Nubank reported record financial results in 2023, with over $1 billion in net profit and revenues exceeding $8 billion.