Nu .(NU) - 2023 Q2 - Earnings Call Transcript

Regarding Cuenta Nu, we officially launched it in May and within a month crossed 1 million customer milestone in this product in Mexico. By the end of June, we reached 1.3 million accounts and collected more than 1.5 billion Mexican pesos in deposits. Just for the sake of comparison, the average deposit per customer in Mexico is more than 10x the average of Brazilian customersÂ' deposits when our or checking account was launched in the country in 2017. Accelerating customer growth. Cuenta Nu has the potenti ...