The Best Bank Stock to Invest $1,000 in Right Now [Yahoo! Finance]
Nu Holdings Ltd. (NU)
Company Research
Source: Yahoo! Finance
If you want to maximize your long-term profit potential, this stock is for you. This stock could be a monster Nu isn't your average bank stock. The company was founded in 2013 for a singular reason: to capitalize on the massive potential of Latin America's banking industry. For years, Latin America -- which boasts a population of 650 million -- had a banking industry largely dominated by a handful of competitors. These old-school banks charged customers high fees for simple services, with the integration of technology far lagging more developed markets like the U.S. or Europe. Nu was launched to take on these stodgy competitors with a digital-first approach. The start-up allowed customers to open and use their bank accounts, credit cards, and other financial products straight from a smartphone app, something few competitors were doing at the time. "At first, the competition failed to take Nubank seriously," writes Doug Leone, a partner at Sequoia Capital, a legendary ventur
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News
- The Ultimate Fintech Stock to Buy With $500 Right Now [Yahoo! Finance]Yahoo! Finance
- Record market highs, Cisco earnings: Market Domination Overtime [Yahoo! Finance Canada]Yahoo! Finance Canada
- Record market highs, Cisco earnings: Market Domination Overtime [Yahoo! Finance]Yahoo! Finance
- Nu Holdings CEO talks expansion plans amid Q1 beat [Yahoo! Finance Canada]Yahoo! Finance Canada
- Nu Holdings CEO talks expansion plans amid Q1 beat [Yahoo! Finance]Yahoo! Finance
NU
Sec Filings
- 5/14/24 - Form 6-K
- 5/14/24 - Form 6-K
- 5/14/24 - Form 6-K
- NU's page on the SEC website