Nubank Stock News

Nu Holdings (NU 2.18%) has established a dominant foothold in Brazil thanks to its rapidly growing customer base. The company leverages its digital banking model to disrupt incumbents and bring banking to millions of unbanked or underbanked citizens across the region.

Nu Holdings (NU -1.33%) has no presence in the U.S. But that doesn't mean it should be off your investing radar. It's a $74 billion banking behemoth that's making waves in Latin America.

How many millionaires are there in the U.S.? According to Swiss bank UBS (UBS -0.58%), the answer is 23.8 million (as of the end of 2024, anyway).

Names across the FinTech IPO Index were broadly lower, giving up 2.6% as a group. Katapult shares dove by more than 29%.

The market is back to strong growth this year as tariffs, inflation, and increasing unemployment don't seem to be derailing it. The S&P 500 is up 13% year to date, and it's a great time for growth investors to buy great stocks that are moving up.

Nubank said Tuesday (Sept. 30) that it applied for a U.S. national bank charter as it explores opportunities to expand its digital banking platform beyond Latin America.

Nu Holdings delivered Q2 with 122.7M clients, 40% revenue growth and $637M net income, proving scalability while keeping efficiency and profitability. Despite premium multiples (P/E 33.6x, P/S 13x), forward P/E compresses to 15x by 2027 as EPS grows 30–40% annually, creating a deep value fintech case. Compared with Itaú, Bradesco, StoneCo and Mercado Libre, NU stands out for combining growth, s...

Brazilian digital lender Nubank said on Tuesday it had applied for a national bank charter to operate in the United States.