News
Looking good on your laptop
Published
Share

NuBank roars ahead with 25 million customers

Despite being largely confined to the Mexico and Brazil region, challenger Bank Nubank has reached a milestone of 25 million customers. After being founded in 2013, the bank took a slow start to growth but is now averaging about 42,000 new clients a day, according to reports. As of July 2019 the challenger bank hit a valuation of around $10 billion USD. How come Nubank is growing so fast? this article suggests that less competition coupled with a larger un/derbanked population might be the key to their success.

Read more

Share this Article
Related Insights
Featured
Holland Fintech Digital Transformation Paper 2024
Holland Fintech is proud to present the Digital Transformation Paper 2024. This whitepaper, led by the Holland Fintech working group Digital Transformation in collaboration with Accenture, provides valuable insights into the dynamics and key factors influencing successful collaborations between fintechs and incumbents.
Holland Fintech Pavilion at Money 20/20
Money 20/20 – Join our Pavilion! The Holland Fintech Pavilion offers a unique opportunity to connect with a global audience of fintech professionals. Located at the heart of Money 20/20, the pavilion provides a central hub for networking, collaboration, and exposure.
Amsterdam Fintech Week
Amsterdam FinTech Week is back on 2-4 October 2024! Be a sponsor, co-organizer, or just participate in our community events.

How likely are you to recommend Holland FinTech?