Fintech unicorn Nu Holdings has added 5.7 million new customers in the second quarter of 2022.
Nu has achieved a growth in customers by 57% year-over-year in the second quarter - an upward trend from about 41.7 million in June 2021 - the company disclosed in a second-quarter earnings release ahead of a conference call on Monday.
"We had another very strong quarter, with growth and profitability in our core business. We registered record revenues and are making huge strides towards becoming a multi-product and multi-country platform," David Vélez, founder and CEO, said.
According to its published financial report, the latest growth mainly comes from its core products, including credit cards and personal loans - which reached 29 million and 4 million active customers, respectively, pushing the company as the fifth largest financial institution in Brazil in terms of numbers of customers.
The growth also contributed to the company earning a new record high of $1,2 billion in Q2,...
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