Nu Holdings Turns Expanding Customer Base Into Profitable Growth

Key Takeaways Nu Holdings reached 123M customers in Q2 2025, covering 60% of Brazil's adult population.Q2 revenues rose 29% to $3.7B, while gross profit climbed 14% to $1.55B, led by credit products.Net income grew 31% to $637M as Mexico and Colombia added momentum to Nu's expansion.Nu Holdings’ (NU) accelerating customer count is the foundation of its continued success in Latin America. In the second quarter of 2025, the company reached an impressive 123 million customers across its footprint, with Brazil ...