As an alternative to banks, Nubank reaches all Brazilian territory

The fintech brazilian Nubank got a brand new: is present in all the country's municipalities 5,570. Launched as an alternative to financial services offered by the large retail banks, in 2013, the rookie sum more than 6 million consumers. Who are? Of the total, 73% are Brazilians with less than 36 years. A large proportion (47%) resides in the southeastern counties and nearly half (48%) are women. The unit with the highest proportion of customers of the "roxinho", name given to the fintech card, is the Federal District, where 6.3% of the population uses the Nubank. More is more. With your regional advance, the Nubank already has more presence than the big banks. Only 60.4% of Brazilian cities, or municipalities 3,366, rely on bank branches, according to the Central Bank. Valued at $ $4 billion and with world-class investors behind as the Chinese giant Tencent, the Nubank became the largest fintech of Latin America.