Brazilian-born digital bank controlled by Nu Holdings, listed in New York, operating in Brazil, Mexico and Colombia.
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Nubank posted net income of US$ 1.09 billion in 3Q26, up 31% year on year, with an efficiency ratio of 19.3% and a base of 142.6 million clients.
Updated November 14, 2026 · 11 verified articles
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Client growth, financial margin, delinquency and funding costs drive the company's profitability and pricing and pressure banking competition.
Explanatory mechanism, not a forecast or recommendation.The central bank approved Nubank's purchase of Banco Porto Real de Investimentos, announced in July, and the company gains a banking license in Brazil; according to Nubank, the change imposes no additional capital or liquidity requirements.
Nubank posted net income of US$ 1.09 billion in 3Q26, up 31% year on year, with an efficiency ratio of 19.3% and a base of 142.6 million clients.
Nubank temporarily suspended crypto deposits and withdrawals and Mercado Pago restricted crypto transfers on November 6, citing problems at separate external vendors, according to CNN Brasil and Seu Dinheiro.
Nu Holdings, owner of Nubank, said on September 30 that it is not pursuing a transaction with British digital bank Monzo, according to Bloomberg Línea, Money Times and Exame. The statement came two days after Sky News reports of preliminary purchase talks, which sank Nubank shares by about 10% in New York. According to Money Times, the stock rose about 7% after hours following the denial.
Shares of Nu Holdings, owner of Nubank, fell about 10% on the New York Stock Exchange on September 28 and closed at US$ 12.23, according to InfoMoney, after Sky News reported the company is in preliminary talks to buy British digital bank Monzo, which could be valued at 8 to 10 billion pounds. Nubank said it does not comment on market rumors. Analysts cited concerns over price, timing and execution risk amid expansion in the US, Mexico and Colombia.
BTG Pactual became the majority shareholder of Nubank Parque, the Palmeiras stadium formerly called Allianz Parque, through a deal with WTorre, which keeps a relevant stake. The bank takes over arena management through 2044, the value was not disclosed and the deal depends on Cade. Enforce, BTG's credit recovery arm, had bought about R$ 650 million of WTorre debt in 2024, according to Bloomberg Línea and Correio Braziliense.
The Central Bank regulated a package of Pix changes on September 18. Institutions with more than 500,000 active accounts may be exempted from mandatory participation when their client profile does not justify it; Pix Automático becomes available in payroll accounts from July 1, 2027; hybrid billing, which merges bank slips and QR codes, and new fraud-flagging rules take effect on February 1, 2027; and institutions under extrajudicial liquidation are suspended immediately.
iFood will invest R$ 24 billion in Brazil between April 2026 and March 2027, 41% above the R$ 17 billion of the previous cycle. The plan allocates R$ 10 billion to verticals, R$ 5 billion to iFood Pago, R$ 1 billion to benefits and R$ 2 billion to technology and artificial intelligence. CEO Diego Barreto said the priority is growth, not profitability.
Nubank announced on September 10 the start of its US operations in partnership with Lead Bank, an FDIC-insured institution that holds the deposits: an account yielding 3.5% a year, fee-free transfers and a no-fee credit card with 1.5% cashback, plus Nu Global, a digital dollar and euro account (USDC at 3.5% and EURC at 2.2%) for more than 35 countries. Its own bank charter, conditionally approved by the OCC in January, is expected in 2027.
B3 announced on September 9 that BDRs of Brazilian companies listed abroad, such as Nubank, XP and Mercado Livre, may join the Ibovespa from the first half of 2027, with a 10% cap on the theoretical portfolio and the traditional liquidity, tradability and representativeness criteria; the transition schedule will come in a circular.
C6 Bank announced on September 3 the purchase of Alymente, a corporate benefits startup founded in 2017 with more than 100,000 beneficiaries, to be rebranded C6 Benefícios and issue Mastercard multi-benefit cards, per Bloomberg Línea, Seu Dinheiro and NeoFeed. The value was not disclosed and the deal depends on the central bank.
Nu Holdings reported record net profit of US$1.1 billion for the second quarter of 2026, its first above US$1 billion, up about 49% year over year. The shares reacted with strong gains after the release.