Analysis

May 28, 2024

Brazilian neobank Nubank has hit 100m customers. Which European neobank will get there next?

Nubank’s 100m customer milestone set a new benchmark for fintech — its success highlights both the pains and pitfalls upcoming for Europe’s neobanks.


Tom Matsuda

9 min read

Picture: Stone/Shutterstock

Earlier this month, Brazil’s Nubank made neobanking history by announcing that it had reached 100m customers, 11 years after its launch and two years after it listed on the New York Stock Exchange.

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Tom Matsuda

Tom Matsuda is a fintech reporter at Sifted and writes our weekly fintech newsletter. Find him on X and LinkedIn

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