Revenue growth of Nubank 2021-2024, by quarter

Published by Statista Research Department, Jul 29, 2024

Nubank's revenue growth fluctuated significantly between 2021 and 2024, with an overall decreasing - but still positive - trend in 2023 and 2024. Starting with impressive 214 percent growth in the fourth quarter of 2021, the company's revenue surged consistently through the first quarter and second quarter of 2022, peaking at 258 percent and 244 percent, respectively. However, the growth rate decelerated notably in the subsequent quarters, dropping to 85 percent in the first quarter of 2023 and to 61 percent in the second quarter of 2023. In the second part of 2023, revenue growth increased slightly. 

Revenue growth of Nubank from 1st quarter 2021 to 1st quarter 2024

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Release date

May 2024

Region

Brazil

Survey time period

Q4 2021 to Q4 2023

Supplementary notes

Figures were collected from several publications. 

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