Nubank had revenue of US$2.7bil in the three-month period through March. — Reuters
RIO DE JANEIRO: Nu Holdings Ltd, the parent of Brazil-based digital bank Nubank, reported record revenue in the first quarter while acknowledging that its growth is coming with a higher delinquency rate.
Nubank, one of the world’s largest digital banks, had revenue of US$2.7bil in the three-month period through March, it said in a statement.
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