Nu Holdings (NYSE: NU) announced plans to invest approximately BRL 45 billion ($8.2 billion) in Brazil during 2026, nearly doubling its investment from two years prior. The digital financial services platform serves 113 million customers in Brazil, representing more than 60% of the country's adult population.

The investment will target four areas: development of artificial intelligence-based platforms and credit models, launch of new financial products and services, expansion of teams and office networks with over BRL 2.5 billion allocated to infrastructure over five years, and strengthening of the financial base to support portfolio growth.

The company reported 2025 revenue of BRL 91 billion ($16.3 billion), up 45% on a currency-neutral basis, with net income of BRL 16.2 billion ($2.9 billion) and return on equity of 33%. The credit portfolio reached BRL 179.7 billion ($32.7 billion), increasing 40% compared to 2024, while total deposits grew 29% to BRL 230.3 billion ($41.9 billion).

"This investment is the concrete expression of our commitment to being Brazilians' main financial ally," said Livia Chanes, CEO of Nubank Brazil. The company is pursuing a banking license in Brazil for 2026 and joined the Brazilian Federation of Banks last month.

Nubank reports that 37 million people entered the formal financial system through its platform across Latin America, with 31.5 million in Brazil. The company states customers saved approximately $28.1 billion in fees compared to traditional institutions.

The announcement follows the company's expansion in Mexico, where it serves 15 million customers, and Colombia, with more than 4 million users.