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GCEIP 500 Global rank #28 · Brazil

Nubank: digital banking at Latin American scale

Nu reported 131 million customers across Brazil, Mexico and Colombia at the end of 2025. Its growth has brought app-based banking into direct competition with long-established financial institutions.

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Headquarters countryBrazil
UN geographic regionAmericasSouth America
Business sectorDigital banking and financial services
GCEIP global rank#28See the global list for the current position.

The company

What it does

Nu Holdings, known as Nubank, offers digital financial products through a mobile-first platform. Its services include payment accounts, cards, lending and related products. The company operates in Brazil, Mexico and Colombia and has expanded from a Brazilian fintech into a regional financial institution.

Across markets

Nu reported 131 million customers at the end of 2025, with operations across three Latin American markets. Its 2025 filing breaks out revenue by country and describes the products it offers. The reach matters in a region where access, service costs and credit histories vary widely. Customer totals show adoption, but do not by themselves establish whether products improve financial security or whether customers can manage credit sustainably.

The company’s footprint and context are linked to the public sources below.

GCEIP view

What the record tells us

TIME included Nubank in its 2021 and 2022 TIME100 Companies lists. These were editorial selections, not judged awards. The company’s story is about taking a low-branch digital model from one national market into neighbouring economies. GCEIP sees the customer growth as evidence of commercial reach; the harder measure is whether the experience stays affordable and responsible as lending expands.

Published recognition

Selected results

See published awards and company-list results 2 sources
  • TIME100 Most Influential Companies · 2022

    Titans

    Digital banking

    View source
  • TIME100 Most Influential Companies · 2021

    Leaders

    Digital financial services; “Banking the unbanked”

    View source
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