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Added to YB: 2025-02-24

Pitch date: 2024-12-31

NU [bullish]

Nu Holdings Ltd.

+62.97%

current return

Author Info

No bio for this author

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

$10.37

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:
Baron FinTech Fund Portfolio Holding: Nu Holdings Ltd.

NU: Digital bank in Brazil, Mexico, Colombia. Temporary margin contraction due to deposit growth strategy. Tightened loan underwriting part of client expansion. Addressing banking pain points (fees, service, access) in LatAm. Superior product offering expected to drive market share gains in large, growing market despite recent share drop.

Read full article (1 min)