These numbers consolidate Nubank as the fifth-largest financial company in Brazil by customers.
Will this be enough to break the spiralling loss of confidence in the banking system?
Despite a challenging scenario for Latin American fintechs, neobanks and digital wallets in Brazil continue to sign up millions of clients.
Revenues in fintech are projected to grow three times faster than the traditional banking sector. Here are three ways banks can prepare for their digital future.
Fraud is rising with the increased reliance on alternative payment methods, and AI could stop it. FIs have difficulties in adopting the tech.
Prism Data’s CashScore v3 is the first version that utilizes anonymized, consumer-permissioned open banking data to provide a clearer view of actual credit risk.
Nubank's shares ticked 4% higher on market opening following a surge in profits during the fourth quarter of 2022.
Pinwheel’s Power of Primacy report shatters some myths about defining primacy while offering a better way forward.
Brazil's teenage-focused neobank Z1 received a $10.4 million investment to build new products to cater to young adults as well.
Funding Circle has been approved by the SBA for one of three new licenses for its hallmark 7(a) small business lending program, the only fintech to be approved.