The announcement in September of Nubank’s acquisition of Easynvest made headlines beyond the borders of its Brazilian home market – marking another significant extension of its digital financial services. However, the news overshadowed the bank’s financial results for the first half of 2020, released at the end of August, which are newsworthy on a standalone basis.
The bank added six million customers in the first six months of this year. And despite the impact of the pandemic, Nubank increased the volume of its credit card business – still its major area of operation – by 54% when compared to the first half of 2019.
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