The development of active users of Nu Holdings
$NU (+0,66 %) and MercadoPago
$MELI (+1,15 %) in the period from Q1 2023 to Q3 2024.
During this period, Nu Holdings recorded an increase monthly active customers of 36 million to 56 millionwhich corresponds to growth of 41.29 % (CAGR: 25.84 %).
MercadoPago grew from 64.9 million to 91.7 million active users, an overall growth of 55.56 % (CAGR: 34.14 %). Despite the lower percentage growth at Nu Holdings remains MercadoPago remains the leader in the number of active users.
