AI predicts Nu Holdings (Nu) stock price for year-end
Nu .(NU) Finbold·2024-11-16 02:15
Nu Holdings (NYSE: NU) has captured a significant share of Latin America’s unbanked population, growing its customer base from 33.3 million in 2021 to nearly 110 million by the third quarter of 2024.Operating as a fully digital bank, the company has thrived in markets like Brazil, Mexico, and Colombia, where traditional banking services remain inaccessible to many.Despite delivering impressive Q3 earnings, Sao Paulo-based Nubank has faced macroeconomic challenges in Brazil, including inflation and rising in ...