Nubank Hits 112 Million Customers, Brazil’s Top Private Bank

Nubank has become Brazil’s largest private financial institution, reaching 112 million customers by the end of 2025 per Central Bank data. This marks about 61% of the country’s adult population.

Key stats:

  • 85% of customers are monthly active in the app.
  • Since entering the top 5 in 2022, Nubank achieved the highest proportional growth, climbing one spot annually.

Source: Nubank’s official site.