Majority of Consumers in Brazil Use Fintech Apps to Make Payments and Check Balances

During the past decade, the digitalization and democratization of access to financial services have transformed how people interact with money and institutions. This, according to an update shared by Nubank (NYSE: NU). Nubank pointed out in its latest update that although in the past, people used in-person means to pay bills (bank branches – 33% and ATMs – 32%) and “check balances (bank branches – 25% and ATMs – 39%), today 66% of Brazilians use