SAO PAULO, Nov 13 (Reuters) - Nu Holdings NU.N, the listed entity which runs Brazilian digital lender Nubank, posted on Thursday an increase in its third-quarter net income driven by its Brazilian and Mexican businesses and beating analysts' projections.

The company reported a $783 million net income for the July-September period, up 39% year-on-year on a currency-neutral basis and above the $757 million expected by analysts in an LSEG poll.

Chief Financial Officer Guilherme Lago told Reuters the profit increase was mainly supported by the continuous scale gain in Nubank's main market Brazil, while the company was also able to grow its credit portfolio in Mexico and cut what it pays for deposits in the country.

"The combination of these two things, the operating leverage in Brazil, and the asset liability management in Mexico, led to a large boost to Nubank's consolidated results," Lago said.

(Reproting by Andre Romani; Editing by Gabriel Araujo)

((Andre.Romani@thomsonreuters.com; 11 991314109;11 56447500;))