Nubank's Growth Surge
Nubank has achieved a remarkable milestone, crossing a market cap of $50 billion and reporting a net profit of $1 billion for the first time. The company has demonstrated significant profitability, with a return on equity exceeding 26%, showcasing the strength of digital banking as a viable model in Latin America. This success challenges skeptics and highlights Nubank's commitment to delivering superior financial services.In this clip
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The tourist VCs in LatAm have gone home
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