Brazil’s digital banks come of age
Euromoney, is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
BANKING

Brazil’s digital banks come of age

Brazil-real-currency-digital-iStock-960.jpg
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%.

Similarly,

Topics

Rob Dwyer head.jpg
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.
Gift this article