Company Encyclopedia
View More
name
iShares MSCI Brazil
EWZ.US
News
View More

Nu Holdings’ Strategic Banking License Moves and Strong Financial Health Justify Buy Rating

Goldman Sachs analyst Tito Labarta maintains a Buy rating on Nu Holdings with a $21 target, citing strategic moves like applying for a banking license in Brazil, which aligns with regulatory requirements without affecting capital. Nu Holdings' strong capital position and expansion into Mexico and the U.S. support this rating. Banco Santander also upgraded the stock to a Buy with a $22 target.

Tip Ranks·
US
NU
+1.20%
US
SAN
+1.01%
Tip Ranks·
US
NU
+1.20%
US
SAN
+1.01%

Nubank co-founder Cristina Junqueira sets sights on U.S. market

Nubank co-founder Cristina Junqueira plans to expand the Brazilian neobank into the U.S. market, marking its third international expansion. The company has applied for a U.S. national bank charter to offer various financial services. Junqueira aims to leverage Nubank's existing infrastructure and customer base, focusing initially on regions familiar with the brand. The expansion includes establishing new offices in the U.S. to support a hybrid work model.

American Banker·
US
NU
+1.20%
American Banker·
US
NU
+1.20%

Bolivia Extends Regulatory Deadline for Fintech Firms to April 2026

Bolivia's Financial System Supervisory Authority has extended the regulatory application deadline for fintech firms, including cryptocurrency exchanges, to April 30, 2026. Previously set for December 31, 2025, the extension comes as only 11 companies have submitted letters of intent, with none entering the controlled testing environment. Companies must submit letters by the new deadline to operate legally.

CoinLive·
CoinLive·

Nu Colombia Doubles Customer Base to 4 Million in One Year

Nu Colombia, a subsidiary of Nu Holdings Ltd., has doubled its customer base to 4 million in one year, marking a significant milestone. The company now offers various financial products and has achieved full national coverage in Colombia. It ranks among the top five financial institutions by deposits, with substantial growth in Cuenta Nu deposits and returns to customers. This expansion reflects a 10x growth rate over four years, reaching 10% of the adult population.

Reuters·
US
NU
+1.20%
Reuters·
US
NU
+1.20%

BankThink Why Mexico's digital banking future requires a homegrown neobank

International banks and fintechs are entering Mexico to capture market share, but there is a need for a homegrown neobank to address financial exclusion. Despite the presence of foreign digital banks like Nubank and Revolut, a local neobank could better understand and serve the Mexican population and SMEs, driving economic growth and financial inclusion.

American Banker·
US
NU
+1.20%
American Banker·
US
NU
+1.20%
© 2025 Longbridge｜Disclaimer