Nu Holdings (NU) stock is slipping this morning as investors digest media reports that the fintech firm is in preliminary talks to acquire UK-based digital bank Monzo. But Needham's senior Kyle Peterson believes the pullback is unwarranted and has actually created a meaningful buying opportunity for long-term investors.
Brazil's Nubank is in early-stage talks with British digital bank Monzo about a potential combination that could value Monzo at between £8 billion and £10 billion ($10.60 billion - $13.25 billion), Sky News reported on Saturday.
Revolut and Nubank, the world's two most-valued digital banks, want to conquer the United States, the Financial Times reported Wednesday (Sept. 23). Both companies obtained conditional approval for U.S. banking charters this year, and Brazil-based Nubank officially debuted its offering this month.
MIAMI--(BUSINESS WIRE)--Nu (NYSE: NU), the largest digital bank in Latin America, announces the start of operations in the United States with the launch of a full suite of financial products designed for customers' everyday banking needs. In addition to the U.S. launch, Nu also introduces Nu Global, a multi-currency digital account for people with global lives, that allows fee-free, fast money ...
Brazilian digital bank Nubank will start offering financial products in the U.S. on Wednesday through bank partners, it announced in a securities filing.
SÃO PAULO--(BUSINESS WIRE)--Nu Holdings Ltd. ("Nu" or the "Company") (NYSE: NU), one of the world's largest digital banking platforms, today announced that it will host its first Investor Day on Tuesday, December 8, 2026, in New York City, with both in-person and virtual attendance available. The event will feature presentations by David Vélez, Founder and global Chief Executive Officer, and ot...
Nu Holdings (NU) shares are ripping higher this morning after the neobank reported blowout fiscal Q2 earnings, featuring a decisive top- and bottom-line beat. On the back of record unit economics, NU's revenue climbed 39% year-on-year to $5.9 billion – helping its net income soar a remarkable 49% to $1.1 billion in the second quarter.
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