US EditionThis Could Be 1 of the Best Bank Stock Buying Opportunities I've Seen in Years
5 Articles
5 Articles
This Could Be 1 of the Best Bank Stock Buying Opportunities I've Seen in Years
Key PointsNuBank has grown rapidly over the past five years.It will continue to expand as income levels and internet penetration rates rise.Macro issues in Latin America are compressing Nu’s valuations.10 stocks we like better than Nu Holdings › Nu (NYSE: NU) is one of Latin America's fastest-growing fintech companies. It owns NuBank, the region's largest direct bank, and its online-only model enabled it to expand much faster than its traditiona…
With over 120 million customers and growing profits, the neobank — like its rival Revolut — is now targeting the American market.
The fintech, which was launched 13 years ago in São Paulo by three young entrepreneurs, is targeting the US market.
Nubank’s Audacious American Gambit: How Brazil’s Digital Banking Giant Plans to Storm the U.S. Market
As traditional banking institutions continue to grapple with digital transformation, a formidable challenger from an unexpected quarter is preparing to reshape the competitive dynamics of American consumer finance. Nubank, the São Paulo-based digital banking powerhouse that has revolutionized financial services across Latin America, has set its sights on the United States market with plans to launch operations within the next 18 months. With mor…
David Vélez, CEO and co-founder of Nubank. Photo: Valora Analitik David Vélez, the Colombian founder of the neobank Nubank, revealed what will be the starting route of operations in the U.S. market once the regulator approved the banking license in just four months. According to the banker, the difference that Nubank will offer in the U.S. market is that its way of understanding credit is functional for both the citizen who is already banking an…
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