Inter: Is Nu's Main Competitor Also As Good?
INTRInter & Co(INTR) Seeking Alpha·2024-07-13 04:26

PM Images Inter & Co (NASDAQ:INTR) has benefited from the digital banking adoption in a country of 216 million inhabitants (Brazil) that was massively dominated by a few large players. Many foreign investors are aware of Nu Holdings (NU) due to its massive growth and fast recovery from a drop-down of -72%. But what many investors probably don't know, is that the 1Y performance of INTR has been approximately 30% higher than the performance of Nu. In this analysis, I will illustrate the fundamentals of Inter ...