I think Nubank are making the correct strides by venturing into the recognizable Latin American market and I accept they should be the market chief in this locale before they extend to different mainlands. Two feasible alternatives will be Colombia and Peru. I have picked these choices as they have the most noteworthy number of web clients in Latin America (Table 7) barring Brazil, Mexico and Argentina where Nubank as of now works or are wanting to work. This is essential as Nubanks achievement relies upon the quantity of clients that can get to their administrations on the web. The social separation between Colombia, Peru and Brazil isn't high, in actuality they are fundamentally the same as (Table 8,9,10,11)