Linas's Newsletter

Linas's Newsletter

Nubank 2Q 2024: Latin America's digital banking juggernaut continues profitable expansion 😤💜; MetaMask unveils crypto debit card, bridging Web3 and traditional finance 💳🦊

FinTech is Eating the World, 14 August

Linas Beliūnas's avatar
Linas Beliūnas
Aug 15, 2024
∙ Paid

Hey Everyone,

Good morning & happy Thursday! Today is as hot as never before as we’re taking a deep dive into Brazil’s FinTech giant Nubank (analyzing the most important numbers, uncovering what they mean so you can see why NU is just too good to be ignored + lots of bonus dives inside) and MetaMask that just launched a crypto debit card with Mastercard (what’s the USP here & why it makes sense + a bonus deep dive into Mastercard). So let’s not waste even a minute and just jump straight to the hot stuff 🌶️

Nubank 2Q 2024: Latin America's digital banking juggernaut continues profitable expansion 😤💜

Following the money 💸 Nubank NU 0.00%↑, one of the world's largest digital banking platforms, has demonstrated remarkable growth and financial performance in Q2 2024 yet again solidifying its position as a leading disruptive force in Latin America's financial services sector 😤

With 104.5 million customers (up 25% year-over-year!), Nubank has successfully leveraged its technology-driven, low-cost model to rapidly expand its market share and set an example to follow. Globally.

Let’s take a deep dive into the most important numbers, uncover what they mean, and see why NU is just too good to be ignored.

User's avatar

Continue reading this post for free, courtesy of Linas Beliūnas.

Or purchase a paid subscription.
© 2026 Linas Beliūnas · Market data by Intrinio · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture