Nubank alternatives
short answerThe closest alternatives to Nubank are PicPay, Mercado Pago and Revolut. All are neobanks operating in Latin America, comparable to Nubank on custody, licence, cards, fees and FX — compared field by field below. No affiliate links.
The 8 closest alternatives
| neobank | type | hq | reported users | compare |
|---|---|---|---|---|
| PicPay | traditional | São Paulo, BR | 58M users (2024) | vs Nubank → |
| Mercado Pago | hybrid crypto | Buenos Aires, AR | 78M MAU (2025) | directory → |
| Revolut | hybrid crypto | London, UK | 50M customers (2025) | directory → |
| Banco Inter | traditional | Belo Horizonte, BR | 35M clients (2025) | vs Nubank → |
| PagBank | traditional | São Paulo, BR | 32M clients (2024) | directory → |
| Nequi | traditional | Medellín, CO | 20M users (2024) | directory → |
| Phantom | web3-native | San Francisco, US | 15M MAU (2025) | directory → |
| Ualá | traditional | Buenos Aires, AR | — | vs Nubank → |
go deeperBack to the Nubank profile, ask who owns Nubank?, or filter your own shortlist in the directory.
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.