Nu Holdings Ltd. Class A (NU) has released an update.
Nubank, a trailblazing digital banking platform, has achieved a remarkable milestone by amassing over 100 million customers in Brazil, Mexico, and Colombia, making it the first of its kind to reach such numbers outside Asia. This significant growth milestone follows a financially successful year, with the company reporting over $1 billion in net profit and $8 billion in revenue. In celebration, Nubank is launching a customer-centered campaign featuring a striking visual display on the Exosphere, the world’s largest LED screen in Las Vegas, to honor and share the stories of its diverse customer base.
For further insights into NU stock, check out TipRanks’ Stock Analysis page.