Nubank Stock News

Nu Holdings delivered strong 2024 results, with a 43% revenue growth and a net income of $1.97B, nearly doubling 2023's performance. The company's high ROE of 32% and efficient operations reflect strong profitability and capital utilization. Nu's customer base exceeded 114 million, with impressive expansion in Brazil, Mexico, and Colombia, reinforcing its leadership in Latin America's fintech s...

The market's starting to claw its way back up, but things are looking iffy, and they've been changing on a moment's notice.

Brazilian fintech Nubank said on Thursday that its Mexico arm received regulatory approval from the Mexican National Banking and Securities Commission to begin the process of becoming a full-service bank.

MEXICO CITY--(BUSINESS WIRE)--Nu Mexico, a subsidiary of Nubank, announced today the approval of its banking license by the National Banking and Securities Commission (CNBV). With this milestone, Nu has become the first Popular Financial Society (SOFIPO) to obtain approval to transform into a bank, opening the path to increased competition in the Mexican financial sector. This milestone brings ...

Nu Holdings, a leading digital financial services platform in Latin America, is trading at attractive levels with significant growth potential in existing and new markets. Despite temporary setbacks in Q4 2024, including FX headwinds and a sequential ARPAC decline, the underlying business remains strong with healthy customer growth and stable credit risk metrics. FX headwinds are subsiding, pot...

Investors who allocate capital to the financial services space will likely be familiar with industry heavyweights such as JPMorgan Chase , Bank of America , Visa , Mastercard , and Charles Schwab . I'm sure younger and digitally native companies such as Robinhood Markets and SoFi Technologies come to mind as well.

The chances are that anyone who bought Amazon in its early years, even a few shares, is probably rich today. Life-changing stocks are rare, but they do come along now and then.

Many hypergrowth stocks stumbled this year as the Trump administration's unpredictable tariffs sparked fresh fears of a recession and drove people back toward more conservative investments. However, investors who can look past those near-term headwinds should be taking the contrarian view and shopping around for some long-term winners.