Nubank is a leading fintech company based in Brazil known for revolutionizing the financial industry in Latin America Founded in 2013 by David Vlez Cristina Junqueira and Edward Wible Nubank aims to fight complexity and empower people to regain control over their money It offers a suite of financial products including a no-fee credit card a digital savings account personal loans and business accounts Nubank is recognized as the largest digital bank outside Asia having more than 20 million customersNubanks business model is centered on providing customer-centric transparent and efficient financial services that traditional banks fail to deliver It leverages advanced technology and data analytics to offer a seamless digital banking experience eliminating the need for physical branches and reducing operational costs Nubanks primary product the no-fee credit card is designed to simplify the credit process and provide users with complete control over their finances through a user-friendly mobile appThe revenue model of Nubank is multifaceted It earns interest income from the credit it extends to its customers It also earns interchange fees from merchants whenever a customer uses Nubanks credit card for transactions In addition Nubank generates revenue from its personal loans and business accounts The companys focus on customer satisfaction and retention coupled with its innovative and diversified revenue streams has allowed Nubank to achieve rapid growth and become a dominant player in the Latin American fintech market