The Brazilian neobank, Nubank, saw its gross profit increase significantly between 2019 and 2023. In 2023, Nubank reported a total gross profit of approximately 3.5 billion U.S. dollars, by far the highest profit in the observed period. One reason for the rapidly increasing gross profit is the rising customer number: The number of customers at Nubank reached almost 94 million in 2023.
Gross profit of Nubank from 2019 to 2023
(in million U.S. dollars)
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Nubank. (February 22, 2024). Gross profit of Nubank from 2019 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1440897/brazil-nubank-gross-profit/
Nubank. "Gross profit of Nubank from 2019 to 2023 (in million U.S. dollars)." Chart. February 22, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1440897/brazil-nubank-gross-profit/
Nubank. (2024). Gross profit of Nubank from 2019 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1440897/brazil-nubank-gross-profit/
Nubank. "Gross Profit of Nubank from 2019 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 22 Feb 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1440897/brazil-nubank-gross-profit/
Nubank, Gross profit of Nubank from 2019 to 2023 (in million U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1440897/brazil-nubank-gross-profit/ (last visited November 10, 2024)
Gross profit of Nubank from 2019 to 2023 (in million U.S. dollars) [Graph], Nubank, February 22, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1440897/brazil-nubank-gross-profit/