Brazil’s digital banks come of age
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Brazil’s digital banks come of age

Illustration: iStock

The leading neobanks in Brazil seem to have hit their stride in terms of profitability just as some of the traditional banks have stumbled. Are these firms the future of Brazilian banking?

Further reading

A year ago, the return on equity of Brazilian digital lender Nubank was zero (or 0.001% to be precise). Today, it is 23%.



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Latin America editor
Rob Dwyer is Latin America editor. He has been a financial journalist since 1997 and has worked in London, New York and São Paulo, Brazil, where he is now based.
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