{
  "id": 19180499,
  "title": "Jefferies says Fintechs add 9.3m clients in Q3 vs 2.9m for top five banks in Brazil",
  "url": "https://urgent.news/2026/11/09/jefferies-says-fintechs-add-9-3m-clients-in-q3-vs-2-9m-for-top-five",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-09T16:54:22.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/jefferies-says-fintechs-add-93m-clients-in-q3-vs-29m-for-top-five-banks-in-brazil-93CH-5012883"
  },
  "original_language": "en",
  "account": null,
  "summary": "According to data analyzed by Jefferies, Brazilian fintechs added 9.3 million clients in Q3 2026, compared to 2.9 million for the country's top five banks. This growth was driven primarily by Nubank and Mercado Pago, which together added 70% of the borrower growth. Total clients across the 12 largest financial institutions in Brazil increased by 12.2 million quarter-over-quarter, with borrowers rising by 6.2 million during the same period. Over a three-year period, Nubank and Mercado Pago added a combined total of 66 million clients and 44 million borrowers, while the five largest incumbent banks added 31 million clients but only 4.1 million borrowers.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}