Nubank Stock News

Although Nu Holdings ' (NU 0.48%) third-quarter financial results showed strength in key metrics, the market still wasn't pleased with the results. That's obvious when you see that the share price of this digital banking business is currently 35% below its all-time peak from Nov. 11, just two days before the latest earnings update.

Nu Holdings, founded in 2013, now serves 110 million customers across Brazil, Mexico, and Colombia, capturing 56% of Brazil's adult population. Despite a 24% YTD stock increase, NU remains 29% below its October highs, presenting a compelling investment opportunity given its strong Q3 2024 results. Nubank showcases some of the best unit economics in public markets through compounding cross-selli...

In this video, I'll highlight two promising companies that could be great long-term investments, even in today's volatile market. Watch the short video to learn more, consider subscribing, and click the special offer link below.

Although Warren Buffett is a justifiably celebrated and successful investor, not all of his company's holdings have soared in popularity recently. Case in point: Brazil-based fintech Nu Holdings (NU 0.48%), which according to data compiled by S&P Global Market Intelligence suffered a 13% decline in share price over this just-completed trading week.

Are you looking for a new fintech name to add to your portfolio? It's certainly an area worth a look.

South Africa-based digital bank Tyme has achieved unicorn status with the help of fellow FinTech Nubank. The company announced Tuesday (Dec. 17) that it had raised $250 million in a Series D funding round, bringing its value to $1.5 billion.

Brazilian digital bank Nubank (NU.N) announced on Monday a $150 million investment in Tyme Group, an innovative and quickly growing digital financial institution headquartered in Singapore. This strategic initiative represents a significant step forward in Nubank's ambitions to expand its worldwide reach and diversify its digital banking services in a growing, competitive, and linked market.

Brazilian digital bank Nubank said it has invested $150 million in Tyme Group, a digital bank with 15 million customers in South Africa and the Philippines, funding that will help Tyme Group finance its push into Southeast Asia and list by 2028.