Analysts raise questions over Brazilian digital bank Nubank's rising default rate, even as loans grow 28% YoY; ~60% of all Brazilian adults have Nubank's app (Bloomberg)

Bloomberg: Analysts raise questions over Brazilian digital bank Nubank's rising default rate, even as loans grow 28% YoY; ~60% of all Brazilian adults have Nubank's app  —  - Second-quarter profits doubled from year ago on lending surge  — Analysts raised questions over high defaults, lower provisions