Analysts raise questions over Brazilian digital bank Nubank's rising default rate, even as loans grow 28% YoY; ~60% of all Brazilian adults have Nubank's app (Bloomberg)

Bloomberg: Analysts raise questions over Brazilian digital bank Nubank's rising default rate, even as loans grow 28% YoY; ~60% of all Brazilian adults have Nubank's app  —  - Second-quarter profits doubled from year ago on lending surge  — Analysts raised questions over high defaults, lower provisions

Sep 5, 2024 - 21:00
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Analysts raise questions over Brazilian digital bank Nubank's rising default rate, even as loans grow 28% YoY; ~60% of all Brazilian adults have Nubank's app (Bloomberg)

Bloomberg:
Analysts raise questions over Brazilian digital bank Nubank's rising default rate, even as loans grow 28% YoY; ~60% of all Brazilian adults have Nubank's app  —  - Second-quarter profits doubled from year ago on lending surge  — Analysts raised questions over high defaults, lower provisions