Nu Holdings remains a compelling opportunity, supported by rapid growth, margin expansion, and a discounted valuation amid recent macro-driven selloffs. NU delivered an impeccable Q3, beating expectations with 40% earnings and 30% revenue growth, expanding its customer base, and achieving record efficiency and ROE. FX and Brazilian macro risks drive near-term volatility, but NU's digital-first model and superior unit economics underpin its long-term thesis.
NU's rising revenue durability and deeper multi-product monetization are reshaping its growth story and supporting steadier performance.
Zacks.com users have recently been watching Nu (NU) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
| Banks Industry | Financials Sector | David Velez-Osomo CEO | XMUN Exchange | KYG6683N1034 ISIN |
| BR Country | 5,403 Employees | - Last Dividend | - Last Split | 9 Dec 2021 IPO Date |
Nu Holdings Ltd. is at the forefront of revolutionizing digital banking and financial services across several key markets including Brazil, Mexico, Colombia, and other international locations. Since its inception in 2013, the company has dedicated itself to providing innovative financial solutions tailored to meet the evolving needs of its customers. With its headquarters strategically positioned in Sao Paulo, Brazil, Nu Holdings Ltd. has successfully managed to bridge the gap between traditional banking and the digital era, offering a suite of products and services designed to simplify financial transactions and empower consumers and businesses alike.