Campos Neto, former President of the Brazilian Central Bank (2019-2024), is expected to join Nu Holdings upon completion of his garden leave in July to lead efforts in fintech innovation, business strategy and international regulation Nu, one of the largest digital financial services platforms in the world, announces the expected appointment of former Brazilian Central Bank president Roberto Campos Neto to its Management Team and to the Board of Directors of Nu Holdings, effective on July 1, after completing a six month cooling off period as determined by the Brazilian legislation. Reporting directly to David Vélez, founder and CEO of Nubank, the executive will serve as Vice Chairman of N

Nu will continue operating as a SOFIPO during its transformation process, providing the same seamless user experience ahead of beginning operations as a bank The license marks a key step for Nu to increase competition in the highly concentrated Mexican banking market Nu Mexico, a subsidiary of Nubank, announced today the approval of its banking license by the National Banking and Securities Commission (CNBV). With this milestone, Nu has become the first Popular Financial Society (SOFIPO) to obtain approval to transform into a bank, opening the path to increased competition in the Mexican financial sector. This milestone brings the company closer to expanding its product portfolio, includi

Third in the overall global ranking, this is the fifth time Nu makes the list Nubank, one of the largest digital financial services platforms in the world, was included for the fifth time in Fast Company's prestigious World's Most Innovative Companies list. Nu is #1 in the Finance and Personal Finance category and 3rd place in the overall ranking, gaining 19 positions from last year. The annual list recognizes businesses at the forefront of their industries, driving innovative solutions and shaping the future. "At Nu, we have always tied innovation to impact and purpose. We anticipate customers' needs to create solutions that simplify their lives and help them make better decisions. We ar

Nu Holdings Ltd. (NYSE:NU) ("Nu" or the "Company"), one of the largest digital financial services platforms in the world, released its Fourth Quarter and Full Year 2024 financial results today. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS). The full earnings release has been made available on the Company's Investor Relations website at www.investors.nu, as well as the details of the Earnings Conference Call Nu will hold today at 5:00 pm Eastern time/7:00 pm Brasilia time. "2024 was a transformational year for Nu as we advanced our mission to empower millions across Latin America with accessible, trans

Nubank leads series D funding round with US$ 150M investment; Tyme operates in South Africa and the Philippines with 15 million customers Nubank, one of the world's largest digital financial services platforms, announces today an investment of US$150 million in Tyme Group as the lead of their series D funding round. The total investment round amounted to US$250 million, with M&G Catalyst Fund subscribing for US$50 million and existing shareholders with further US$50 million. Tyme Group is one of the fastest-growing digital banks globally, with 15 million customers and operations in South Africa and the Philippines. With this investment, Nubank becomes a minority shareholder in Tyme Group.

Nu Holdings Ltd. (NYSE:NU) ("Nu" or the "Company"), one of the world's largest digital financial services platforms, released its Third Quarter financial results today. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS). The full earnings release has been made available on the Company's Investor Relations website at www.investors.nu, as well as the details of the Earnings Conference Call Nu will hold today at 5:00 pm Eastern time/7:00 pm Brasilia time. "Our third quarter 2024 underscores the strength of our business model, demonstrating top-line growth and sustained profitability. We reached $2.9 billion

Despegar.com, Corp. (NYSE:DESP) ("Despegar" or the "Company"), Latin America's leading travel technology company and Nubank (NYSE:NU), the largest digital banking platform outside Asia, today announced the integration of NuPay as a new payment option on Despegar's travel platform. The collaboration between Nubank and Despegar offers multiple strategic benefits for both companies, including: Despegar gains access to Nubank's 95.5 million Brazilian customers, broadening its target market significantly Nubank's customers will gain access to Despegar's travel platform and services enjoying increased spending limits and enhanced purchasing power through a variety of payment options, includi

High GDP per capita coupled with low financial inclusion make the Latin American country a significant opportunity for the company's strategy; Cristina Junqueira details plans on the new episode of Nu Videocast Standing as the number one business priority for Nu in 2024, Mexico has proven to be a savvy choice in the company's international expansion strategy: one year after the launch of Cuenta, the company has already surpassed 8 million customers in the country and $3.3 billion in deposits. These figures exceed those of Brazil at the same stage of operations: in the company's home country, there were 7.7 million customers and less than $1 billion in deposits in Q1'19. With the highest

Nu Holdings Ltd. (NYSE:NU), ("Nu" or the "Company"), one of the world's largest digital banking platforms, released today its Second Quarter financial results. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS). The full earnings release has been made available on the Company's Investor Relations website at www.investors.nu, as well as the details of the Earnings Conference Call Nu will hold today at 6:00 pm Eastern time/7:00 pm Brasília time. "Our second quarter 2024 results reaffirm the strength of our business model, efficiency in our execution, and resilience of our credit underwriting. Net income has

AI technology will power Nubank's platform, providing deeper insights into customer needs and creating hyper-personalized digital financial services; Hyperplane's systems will integrate seamlessly, with immediate benefits Nubank announced today the acquisition of Hyperplane, a data intelligence company from Silicon Valley. The partnership will usher in a new era for digital banking platforms, bringing smarter, fairer, and more personalized financial products and services to Nubank's customers. Hyperplane, launched in 2022 and co-founded by Daniel Silva, Felipe Lamounier, Rohan Ramanath, and Felipe Meneses, has been instrumental in using proprietary foundation models to provide high-qual

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Campos Neto, former President of the Brazilian Central Bank (2019-2024), is expected to join Nu Holdings upon completion of his garden leave in July to lead efforts in fintech innovation, business strategy and international regulation Nu, one of the largest digital financial services platforms in the world, announces the expected appointment of former Brazilian Central Bank president Roberto Campos Neto to its Management Team and to the Board of Directors of Nu Holdings, effective on July 1, after completing a six month cooling off period as determined by the Brazilian legislation. Reporting directly to David Vélez, founder and CEO of Nubank, the executive will serve as Vice Chairman of N

Marcus is an entrepreneur with decades of experience in the financial services and technology industries Nubank, one of the world's largest digital banking platforms, announces that David Marcus has been appointed as a member of its Board of Directors. Mr. Marcus is the CEO and co-founder of Lightspark and has an extensive career in leadership positions in technology companies including Meta and PayPal. Marcus also has a strong entrepreneurial background, having built three startups over the past three decades. As a Board member, Marcus will play a fundamental role in Nubank's journey as the company expands in its multi-country, multi-product, and multi-segment strategy. "David has an imp

Nu Holdings Ltd. (NYSE:NU) ("Nu" or the "Company"), one of the largest digital financial services platforms in the world, released its Fourth Quarter and Full Year 2024 financial results today. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS). The full earnings release has been made available on the Company's Investor Relations website at www.investors.nu, as well as the details of the Earnings Conference Call Nu will hold today at 5:00 pm Eastern time/7:00 pm Brasilia time. "2024 was a transformational year for Nu as we advanced our mission to empower millions across Latin America with accessible, trans

Nu Holdings Ltd. (NYSE:NU) ("Nu" or the "Company"), one of the world's largest digital financial services platforms, released its Third Quarter financial results today. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS). The full earnings release has been made available on the Company's Investor Relations website at www.investors.nu, as well as the details of the Earnings Conference Call Nu will hold today at 5:00 pm Eastern time/7:00 pm Brasilia time. "Our third quarter 2024 underscores the strength of our business model, demonstrating top-line growth and sustained profitability. We reached $2.9 billion

Nu Holdings Ltd. (NYSE:NU), ("Nu" or the "Company"), one of the world's largest digital banking platforms, released today its Second Quarter financial results. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS). The full earnings release has been made available on the Company's Investor Relations website at www.investors.nu, as well as the details of the Earnings Conference Call Nu will hold today at 6:00 pm Eastern time/7:00 pm Brasília time. "Our second quarter 2024 results reaffirm the strength of our business model, efficiency in our execution, and resilience of our credit underwriting. Net income has

AI technology will power Nubank's platform, providing deeper insights into customer needs and creating hyper-personalized digital financial services; Hyperplane's systems will integrate seamlessly, with immediate benefits Nubank announced today the acquisition of Hyperplane, a data intelligence company from Silicon Valley. The partnership will usher in a new era for digital banking platforms, bringing smarter, fairer, and more personalized financial products and services to Nubank's customers. Hyperplane, launched in 2022 and co-founded by Daniel Silva, Felipe Lamounier, Rohan Ramanath, and Felipe Meneses, has been instrumental in using proprietary foundation models to provide high-qual

Nu Holdings Ltd. (NYSE:NU), ("Nu" or the "Company"), one of the world's largest digital banking platforms, released today its First Quarter financial results. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS). The full earnings release has been made available on the Company's Investor Relations website at www.investors.nu, as well as the details of the Earnings Conference Call Nu will hold today at 6:00 pm Eastern time/7:00 pm Brasília time. "In May 2024, we announced reaching the 100 million customer mark, a privilege we earned through our steadfast focus on solving people's needs with true product inno

Nu Holdings Ltd. (NYSE:NU), ("Nu" or the "Company"), one of the world's largest digital financial services platforms, released today its Fourth Quarter and Full Year 2023 financial results. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS). The full earnings release has been made available on the Company's Investor Relations website at www.investors.nu, as well as the details of the Earnings Conference Call Nu will hold today at 5:00 pm Eastern time/7:00 pm Brasília time. "We are building the largest consumer platform in Latin America, with strong earnings-generating capabilities, having delivered over $

Nu Holdings Ltd. (NYSE:NU), ("Nu" or the "Company"), one of the world's largest digital financial services platforms, released today its Third Quarter 2023 financial results. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS). The full earnings release has been made available on the Company's Investor Relations website at www.investors.nu, as well as the details of the Earnings Conference Call Nu will hold today at 5:00 pm Eastern time/7:00 pm Brasília time. "Nu is on a remarkable upward trajectory, demonstrating solid operating performance, continued growth, and increasingly robust profitability. We reac

Nu Holdings Ltd. (NYSE:NU), ("Nu" or the "Company"), one of the world's largest digital financial services platforms, released today its Second Quarter 2023 financial results. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS). The full earnings release has been made available on the Company's Investor Relations website at www.investors.nu, as well as the details of the Earnings Conference Call Nu will hold today at 6:00pm Eastern time/7:00pm Brasília time. "This quarter, Nu continued to expand its customer base, engagement, and monetization, increasing ARPAC above $9 for the first time, while keeping cos

Nu Holdings Ltd. (NYSE:NU, B3: NUBR33))), ("Nu" or the "Company"), one of the world's largest digital financial services platforms, released today its First Quarter 2023 financial results. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS). The full earnings release has been made available on the Company's Investor Relations website at www.investors.nu, as well as the details of the Earnings Conference Call Nu will hold today at 6:00pm Eastern time/7:00pm Brasília time. "Nu continues to build on its growth and profitability trajectory, posting a net income of $142 million. Revenue has nearly doubled year

Nu Holdings Ltd. ("Nu" or the "Company") (NYSE:NU, B3: NUBR33))), one of the world's largest digital financial services platforms, today announced that it will host a conference call to discuss its Q1'23 financial results on Monday, May 15, 2023 at 5:00 p.m. Eastern Time (7:00 p.m. Brasília Time). The earnings release will be issued after the market closes that same day. Quiet Period Starts on May 1st, 2023 Earnings Release Monday, May 15, 2023 Time: After market close Conference Call Monday, May 15, 2023 Time: 5:00 p.m. EST – 7:00 p.m. BRT Register for the Conference Call Please click here to pre-register for this conference call. Replay: click here | Add to your calendar: click he

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Analyst upgraded Nu Holdings from Neutral to Overweight and set a new price target of $13.00

Citigroup downgraded Nu Holdings from Neutral to Sell and set a new price target of $11.00 from $14.60 previously

Itau BBA downgraded Nu Holdings from Outperform to Market Perform

UBS downgraded Nu Holdings from Buy to Neutral and set a new price target of $13.50

JP Morgan downgraded Nu Holdings from Overweight to Neutral and set a new price target of $14.50 from $12.00 previously

Barclays initiated coverage of Nu Holdings with a rating of Overweight and set a new price target of $15.00

Redburn Atlantic initiated coverage of Nu Holdings with a rating of Overweight

Jefferies initiated coverage of Nu Holdings with a rating of Buy and set a new price target of $10.80

New Street downgraded Nu Holdings from Buy to Neutral and set a new price target of $8.10 from $8.25 previously

JP Morgan upgraded Nu Holdings from Neutral to Overweight and set a new price target of $9.00