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Even Amid a Global Trend of Layoffs in Startups and Tech Companies, Nubank Plans to End 2022 with One Thousand More Employees
The Nubank, Brazilian startup pioneer in the digital financial services segment that mainly operates as a credit card provider, plans to hire around one thousand new employees by the end of 2022.
Cristina Junqueira, co-founder and current CEO of the digital bank, shared this information in an interview on Wednesday, the 16th. The large number of available positions contrasts with the wave of layoffs that startups and big companies have been experiencing in recent months, as is the case with Amazon, which we reported here.
The goal of the large number of new professional hires is the expansion of verticals that are still underexplored by Nubank, such as guarantees and payroll-based loans. In Brazil, the company’s main focus is on services such as credit and debit cards and investment opportunities.
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Nubank Aims to Expand Startup Success from Brazil to Abroad
The creation of new positions is also part of the effort to form teams for a global platform that could replicate Nubank’s success in Brazil in other countries, such as Mexico and Colombia. Only credit card-related services are offered by Nubank in these locations.
The new roles also include departments such as fraud prevention, information security, and collections. Interested individuals should keep an eye on the company’s job portal to not miss the opportunities.
Despite widespread layoffs in companies like Loft, Mercado Bitcoin, and QuintoAndar, many fintechs are going in the opposite direction, like Nubank, and are anticipating the expansion of their workforce.
C6 Bank, another company that also provides financial services through an app, stated that it has more than doubled its number of employees since the beginning of 2022.
Nubank Ends Quarter in the Black and Surprises Investors
Last Monday, the 14th, Nubank released its net income for the third quarter of 2022. The amount was $7.8 million (or R$ 41.6 million).
This information positively surprised investors, who saw a result superior to the loss of US$ 34.4 million compared to the same period in the previous year.
Additionally, at the end of September, the fintech had 70.4 million users, 5.1 million more than at the beginning of the year. However, along with the increase in customers, there was also an increase in the delinquency rate, which rose from 3.7% to 4.2% in the second and third quarters of the year.
Nubank Provides a Recruitment Portal for Current and Future Job Opportunities at the Company
If you are interested in working at Nubank, the company has a job portal that can be accessed through this link.
Note that the startup offers positions in all countries where it operates; however, it is possible to filter only the job openings available for Brazil by selecting our country in the field at the top of the page.
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