Nubank vs Mukuru.
Nubank (N72/100) and Mukuru (M63/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. Nubank leads Mukuru 7-2.
| M Mukuru №46 · FCA 63 /100 | N Nubank №27 · BACEN 72 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 63 /100 | 72 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €0 Free tier |
| FX markup Debit card abroad | Interbank | 4.00% |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | E-money inst. FCA | Full bank BACEN |
| Deposit guarantee Per depositor | Safeguarded ZA.CODI | €250,000 BR.FGC |
| Reach | ||
| Markets served Licensed jurisdictions | 7 countries | 3 countries |
| Crypto Coins available | No | 5 coins |
| Stocks & ETFs Self-directed | No | Yes |
| UX | ||
| Trustpilot Customer score | — | 3.1 ★ 2k reviews |
| App store iOS + Android avg | 4.5 ★ iOS 4.5 · And 4.6 | 4.8 ★ iOS 4.9 · And 4.8 |
| Read review → | Read review → | |
Pick Mukuru if…
Pan-African remittance + financial-services platform — operates across Southern Africa + UK. ~14M users. Mauritius FSC-licensed parent. Cash-out via 100K+ Mukuru agents — physical reach is the structural differentiator. The other half of the pan-African angle alongside Chipper Cash.
Pick Nubank if…
Pick if you bank in Brazil and want the dominant local digital bank with full BACEN supervision.
- Best for fees Mukuru won 1 of 4
- Best for protection Nubank won 2 of 2
- Best for reach Nubank won 2 of 3
- Best for ux Nubank won 2 of 2
Nubank vs Mukuru — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Mukuru better than Nubank?
Under our v3 methodology, Nubank leads Mukuru 7–2 across 12 dimensions. Composite scores: Mukuru 63/100 vs Nubank 72/100. Nubank is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is Mukuru or Nubank cheaper?
Monthly fee — Mukuru: €0; Nubank: €0. Card FX markup — Mukuru: Interbank; Nubank: 4.00%. Mukuru wins more fee rows (1 of 4). See the Fees section of the matrix above for ATM caps and the rest.
Which is safer for deposits, Mukuru or Nubank?
Mukuru holds a E-money inst. licence under FCA; deposit guarantee per depositor: Safeguarded. Nubank holds a Full bank licence under BACEN; deposit guarantee per depositor: €250,000. Nubank is the stronger pick on regulatory protection.
Where can I use Mukuru and Nubank?
Mukuru operates in 7 countries; Nubank operates in 3 countries. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.
Want a 3- or 4-way comparison?
The dynamic compare picker handles up to four banks. Add this pair plus one or two more and we'll resolve every row.