Brazil fintech profits hit US$1.5 billion in the quarter, with Nubank leading a sector that has turned from burning cash to making it.
Brazil · Fintech
Key Facts
Record quarter — The R$ 7.75 billion (US$ 1.52 billion) profit for 1Q26 was compiled by Finsiders Brasil from the companies’ own reported results.
Seven fintechs — Nubank, Inter, PagBank, XP, Stone, Agibank and PicPay were counted in the combined figure.
Nubank leads — Nubank is the clear leader, though its exact profit share isn’t specified.
Brazil’s Nubank has claimed a $90bn valuation serving Latin America. Now it has the US in its sights
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