5 Lessons APAC Digital Banks Can Learn from Nubank’s US$1B Profitability Journey
Fintech News
MAY 28, 2024
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. According to a 2022 report by IDC , the big data and analytics market in the Asia Pacific region is expected to grow at a CAGR of 19.6% from 2022, reaching US$42.2 billion in 2023.
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