and abusive banking services that do…our first product, has achieved viral growth among our customers by doing exactly this, but it’s a product accessible only to a select population due to credit analysis requirements. In fact, we have received over 13 million requests to get a Nubank card, but had to say no to a considerable percentage of those people. Our customer base, which is nearing 3 million accounts, is already representative — we’re currently Brazil’s no.5 credit card issuer — but still limited when compared to a market of 120 million Brazilians who are unbanked or have to deal with expensive and abusive banking services that dominate the market.
…ive seduction of other people’s problems is dangerous for the people whose problems you’ve avoided. While thousands of the country’s best and brightest flock to far-flung places to ease unfamiliar suffering and tackle foreign dysfunction, we’ve got plenty of domestic need.