Nubank quarterly customer deposit growth 2021-2025

Nubank's customer deposit growth showed significant fluctuations between 2021 and 2025, with a decreasing trend in recent quarters. It started with robust growth of **** percent in the fourth quarter of 2021, followed by a significant surge to *** percent in the first quarter of 2022. However, growth rates gradually moderated in the coming quarters. The trend continued with slower growth rates of ** percent in the first quarter of 2023, and ** percent in the second quarter of 2023. There was a notable uptick at the end of 2023 and in early 2024, with deposit growth reaching ** percent in the first quarter of 2024. After plummeting to ** percent in the fourth quarter of 2024, deposit growth recovered moderately, reaching ** percent in the first quarter of 2025. Yet, it was significantly lower than it had been a year earlier.