Nubank announced it will invest more than R$ 2.5 billion, about $475 million, over the next five years to expand and upgrade its office footprint, with Brazil as the centerpiece of a broader push to scale infrastructure alongside its customer and employee growth.
In São Paulo, Nubank plans to occupy two additional buildings in the Pinheiros area, expanding its workspace capacity and adding new collaboration and customer engagement spaces. Beginning in 2027, the company will move employees into Cyrela Corporate, a 35,000-square-meter office tower on Oscar Freire Avenue designed by Italian design studio Pininfarina, with capacity for more than 3,000 people. Nubank said the site will include an events area, services, a NuCafé unit, a library, a game room, and an outdoor garden open to the public.
Earlier, starting in April 2026, Nubank will open Capote 210 as an innovation hub featuring a Research Lab focused on co-creating products with customers. With the two additions, Nubank said Pinheiros will become home to four Nubank offices, totaling 5,700 workstations, more than five times the neighborhood’s current capacity.
The company also outlined new Brazilian locations slated to open in the second half of 2026, including a 9,150-square-meter site in Campinas at Bresco Viracopos and a 6,870-square-meter space in Rio de Janeiro, spread across five floors of the Vista Mauá building. A Belo Horizonte office is planned, with the location still to be determined, which Nubank said is part of an effort to attract and retain talent across key regions.
The real estate push is paired with a new hybrid work model set to start in July 2026. Nubank said roughly 70% of employees are expected to work from the office two days per week, aiming to blend remote flexibility with in-person collaboration.
Nubank framed the investment against a backdrop of rapid growth. The company said customers across Brazil, Mexico, and Colombia increased from 59 million to more than 127 million over the past five years, and it highlighted third-quarter 2025 results, including record net income of $783 million and revenue exceeding $4 billion. Over the same period, headcount rose 26% from September 2023 to September 2025, reaching 9,500 employees.
Beyond Brazil, Nubank said it is expanding its Mexico City office by adding two floors, bringing the total to five, and increasing capacity to 700 people. In Bogotá, the company added more than 200 workstations and said it plans to move in 2028 into the new Nogal Building in the Andino neighborhood, a 14,000-square-meter facility designed for more than 1,000 people. Nubank also said it has opened workspaces in Miami and Palo Alto and plans to add offices in Washington, D.C., and Buenos Aires.
KEY QUOTES
“Investing in physical spaces is investing in our capacity to innovate. It is in the office, in the direct contact between Nubankers, that great ideas are born and evolve with the agility that our business requires. We want to offer the best possible environment for this collaboration. And this is reflected in significant numbers for our Brazilian operation: we plan a contribution exceeding R$ 2.5 billion in infrastructure projects over the next five years,”
Livia Chanes, CEO of Nubank Brazil
