Added to YB: 2024-02-01
Pitch date: 2024-02-01
NU [bullish]
Nu Holdings Ltd.
+89.04%
current return
Author Info
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Company Info
Nu Holdings Ltd. provides digital banking platform in Brazil, Mexico, Colombia, the Cayman Islands, and the United States.
Market Cap
$80.8B
Pitch Price
$8.94
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
32.34
EV/Sales
N/A
Sector
Banks
Category
growth
Show full summary:
Wolf of Harcourt new position: Nu Holdings ($NU)
NU: Bullish on LatAm neobank w/ 90M+ users (51% of Brazil adults), founded 2013 by visionary CEO Vélez. Revenue surged to $2.14B in Q3 '23 from $481M in Q3 '21, 30%+ annual growth expected. Competitive edge: low $5 CAC (vs $500 for US banks), high 30x LTV/CAC. Attractive 23x forward P/E in Jan.
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