RPT-Brazilian digital lender Nubank posts 42% net profit boost in second quarter
ReutersAug 14, 2025 11:56 PM
SAO PAULO, Aug 14 (Reuters) - Nu Holdings NU.N, which runs Brazilian digital lender Nubank, posted on Thursday a $637 million second-quarter net profit, a 42% increase from a year earlier on a foreign exchange-neutral basis.
The firm, which has nearly 123 million clients across Brazil - its main market - Colombia and Mexico, reported a net revenue for the April to June period at $3.7 billion, up 40% year-on-year.
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