Nu Holdings Successfully Converts Scale Into Profitable Growth

Key Takeaways Nu Holdings' Q2 revenues increased 29% to $3.7B, with net income rising 31% to $637M.The company reached 123M customers, with Brazil representing 60% of its adult population.Credit products drove 43% of gross profit, highlighting lending as a core profitability driver.Nu Holdings (NU)  has reached a level of scale in Latin America that many fintechs can dream of. In the second quarter of 2025, the company counted 123 million customers across its footprint, with Brazil alone accounting for 60% ...