Gross profit of selected leading digital banks worldwide 2023
Nubank emerged as the leader in gross profit among prominent digital banks in 2023, generating annual gross profits of more than 1.5 billion U.S. dollars. Following behind were two major European neobanks: Wise, which recorded gross profits of 574 billion U.S. dollars, and Revolut, which achieved 545 million U.S. dollars. The year 2023 marked a significant milestone for several digital banks, as Sofi, Dave, Banco Inter, Bunq, MoneyLion, Monzo, Jago, and Wio all reached profitability for the first time since their establishment.
