Nubank at a glance
As of- [1] Market cap: stockanalysis.com, September 4, 2026
- [2] Revenue: stockanalysis.com, December 31, 2025
- [3] Founded: Wikipedia (retrieved September 5, 2026)
- [4] Headquarters: Wikipedia (retrieved September 5, 2026)
What Nubank does
Nu Holdings, which operates Nubank, describes itself as the largest digital bank in Latin America and trades on the New York Stock Exchange under the ticker NU.[1] Brazil accounts for almost 118 million of them.[1] In August 2026 Nu launched its bank in Mexico, which it says made it the country's largest digital bank.[1] Net income reached $1.1 billion, the first time it has topped $1 billion in a quarter.[1] Its credit portfolio grew 37% year over year to $39.4 billion.[1] Deposits totaled $45.3 billion at the end of the quarter.[1] In January 2026 Nubank received conditional approval from the Office of the Comptroller of the Currency to launch Nubank NA, a national digital bank in the United States.[2],[1]
Business model and customers
Nu added about 4 million customers in the second quarter of 2026, reaching 139 million worldwide.[1] In Mexico it had 15.8 million customers at the end of June, and in Colombia it passed 5 million.[1] Second-quarter 2026 gross revenue was nearly $5.9 billion, up 39% year over year on a currency-neutral basis.[1]
Leadership
- David Vélez is its founder and global CEO.[1]
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Company Snapshot
Nubank is a Fintech company, based in São Paulo, Brazil, founded 2013 by David Vélez, Edward Wible, Cristina Junqueira.
Recent changes
- Sep 4, 2026Sep 4, 2026First reported market cap: $74.25B stockanalysis.com
- Jul 21, 2026Jul 21, 2026OpenAI Adds Nubank, BNY CEOs to Board Ahead of Potential IPO Pulse story
- Dec 31, 2025Dec 31, 2025First reported revenue: $6.99B stockanalysis.com
Latest Pulse
- Sep 2, 2026Miami's Felix Raises $200M for WhatsApp BankingFelix, a Miami-based WhatsApp remittance platform for Latino immigrants, raised $200 million in a Series C split between $87 million of equity led by Andreessen Horowitz and $113 million of debt from General Catalyst.→
- Aug 19, 2026Navi Raises $100M From Prosus, First Outside Capital in 8 YearsSachin Bansal's Indian fintech Navi raised $100M from Prosus at a roughly $1.3B valuation -- its first institutional capital after eight years of being funded entirely by its founder.→
- Jul 21, 2026OpenAI Adds Two Bank CEOs to Board Ahead of IPOOpenAI named Nubank CEO David Velez and BNY CEO Robin Vince to its board, with Vince chairing the audit committee, as the company advances toward an IPO off a reported $852 billion valuation.→
- Jul 21, 2026Augustus Raises $180M at $1B Valuation for Dollar BankingFintech Augustus raised $180 million at a $1 billion valuation led by Tiger Global, as its 25-year-old founder pursues a national bank charter that would make him one of the youngest CEOs of a federally chartered US bank in over 140 years.→
- Jul 21, 2026OpenAI Adds Nubank, BNY CEOs to Board Ahead of Potential IPOOpenAI appointed Nubank CEO David Vélez and BNY CEO Robin Vince to its board, adding deep public-markets and financial-services experience as the company builds governance infrastructure suited to a future as a public company.→
- Jul 21, 2026Augustus Raises $180M Series B To Dollarize WorldAugustus raised a $180 million Series B at a $1 billion valuation to build what it calls the Global Dollar Bank, giving international fintechs and banks direct access to US dollar accounts and rails.→
Coverage Timeline
newest firstAll Coverage
IPO$852B Reported Valuation
OpenAI Adds Two Bank CEOs to Board Ahead of IPO
OpenAI named Nubank CEO David Velez and BNY CEO Robin Vince to its board, with Vince chairing the audit committee, as the company advances toward an IPO off a reported $852 billion valuation.
OpenAI Adds Nubank, BNY CEOs to Board Ahead of Potential IPO
IPO
OpenAI Adds Nubank, BNY CEOs to Board Ahead of Potential IPO
OpenAI appointed Nubank CEO David Vélez and BNY CEO Robin Vince to its board, adding deep public-markets and financial-services experience as the company builds governance infrastructure suited to a future as a public company.
Value Add Research
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Nubank FAQ
How much revenue does Nubank make?
Second-quarter 2026 gross revenue was nearly $5.9 billion, up 39% year over year on a currency-neutral basis.[1]
Who founded Nubank?
David Vélez is its founder and global CEO.[1]
Is Nubank a public company?
Nu Holdings, which operates Nubank, describes itself as the largest digital bank in Latin America and trades on the New York Stock Exchange under the ticker NU.[1]
What is Nubank's market cap?
Nubank's market capitalization was $74.25B as of September 4, 2026, according to stockanalysis.com.
What is Nubank's revenue?
Nubank's most recent revenue figure is $6.99B, reported by stockanalysis.com, December 2025.
When was Nubank founded and where is it based?
Nubank was founded in 2013 and is headquartered in São Paulo, Brazil, according to Wikipedia.
References
researched 2026-10-24Sources & methodologyshow
Where these figures come from
- stockanalysis.comresearch database2 facts
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.