Nubank Approaches $1 Billion in Revenue Amid Mexican Expansion
NUNu .(NU) PYMNTS·2024-02-06 23:39

Brazilian neobank Nubank is predicting it will someday become Latin America’s largest financial service company.“I think that will happen eventually,” CEO David Vélez told the Financial Times (FT) Tuesday (Feb. 6), referring to the company’s ambitions to lead its industry in terms of customer numbers.“We’re now in the top five,” he said. “We see a path towards becoming the leading financial institution in Latin America and one of the leading financial institutions in the world over a number of decades.”His ...