5 Lessons APAC Digital Banks Can Learn from Nubank’s US$1B Profitability Journey
Fintech News
MAY 28, 2024
As digital banks in the Asia Pacific (APAC) region aim to replicate this success, there are valuable lessons to be learned from the unconventional Nubank approach to banking. The Brazilian digital bank turned a net loss in 2022 into a US$1 billion net profit in 2023, with revenues exceeding US$8 billion.
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