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# Nubank Reports 122.7 Million Customers and 40% Revenue Growth in Q2 2025
- URL: https://www.theglobalbanker.com/nubank-reports-122-7-million-customers-40-percent-revenue-growth-q2-2025/
- Published: 2025-08-15T05:00:00.000Z
- Updated: 2026-10-02T14:09:30.000Z
- Description: Nubank posted Q2 2025 revenue of $3.7 billion, up 40% year-on-year on an FX-neutral basis, with net income of $637 million and a customer base of 122.7 million globally.
- Author: TGB Editorial Team
- Tags: Fintech, Americas, #archive

Nu Holdings, the parent company of Nubank, reported revenues of $3.7 billion for the second quarter of 2025, a 40% increase on a foreign-exchange-neutral basis compared with the same period a year earlier, the Brazilian digital bank announced on 14 August 2025\. Net income reached $637 million, also up 42% year-on-year on an FX-neutral basis.

Nubank's global customer base reached 122.7 million as of the end of the second quarter. The bank's return on equity stood at 28%.

#### BRAZIL

Brazil remains the largest market in Nubank's portfolio, with 107.3 million customers as of the end of Q2 2025\. Of that base, 60% now use Nubank as their primary financial relationship. 

Average revenue per active customer (ARPAC) crossed $12 for the first time in the quarter, rising 18% year-on-year. Nubank's product range includes personal loans, payroll-deductible loans, investment products and insurance. 

#### OTHER MARKETS

Nubank has operations in Colombia and Mexico alongside its Brazilian home market.