Credit Card outstanding receivables in Brazil
Digital banks and neo-banks led the market share growth ranking in the credit card market in Brazil at the end of the second quarter of 2023. NU BANK (including NU PAGAMENTOS) led the ranking with a quarterly growth of 0.76% in market share, reaching a 10.4% market share in credit card portfolio volume.
WILL INSTITUICAO DE PAGAMENTO placed second, with an advance of 0.38% market share. In third place was XP with +0.11%, closely followed by C6BANK, which grew by 0.10%, while the group of five leaders in market capture is completed by BANCO CSF, which gained 0.08% market share in the analyzed period.
WILL INSTITUICAO DE PAGAMENTO placed second, with an advance of 0.38% market share. In third place was XP with +0.11%, closely followed by C6BANK, which grew by 0.10%, while the group of five leaders in market capture is completed by BANCO CSF, which gained 0.08% market share in the analyzed period.