Professor Jacquet takes a look at NuBank, the newest Brazilian FinTech on its way to becoming a legitimate financial institution in a country where this type of service is largely lacking.

Founded in 2013, NuBank officially went public in New York in December 2021, with an initial valuation of US$45 billion, making it the neobank with the highest market value.

In fact, professor Jacquet compares its performance with other companies of the same type in the South American territory, including an oligopoly that we examined earlier.