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.
Digital financial services platform Nubank said it intends to obtain a banking license in Brazil in 2026. Nubank is doing so to comply with a new rule issued by Brazil's central bank and National Monetary Council, the company said in a Wednesday (Dec. 3) press release.
| Banks Industry | Financials Sector | David Velez-Osomo CEO | BVC 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.