Post by Nubank

Nu closed Q1’26 with 135 million customers, maintaining its everlasting high engagement rate of 83%. This resulted in another quarter of record-breaking revenues, surpassing US$ 5 billion for the first time, and profitability, with net income of US$ 871 million. Nu’s business model continues to prove its efficacy, with Mexico reaching breakeven at an earlier stage than Brazil. Founder and CEO David Vélez explained how AI has been key in driving those results, combined with a disciplined business model, and how that combination positions Nu to win an even larger share of its current markets and expand into new ones. Read this month’s edition of our corporate newsletter to deep-dive into the results, and also: • How Nu has become the largest business accounts provider in Brazil • Who is Carl Rivera, the company’s new Chief Product Officer • The power of Nu’s AI-driven credit machine, which enables higher limits with strong resilience And more.