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-0.0033222591362127 -0.0174418604651163 -0.0161960132890366 -0.0183388704318937 -0.0170265780730897 -0.0190116279069768 -0.0195182724252493 -0.0199335548172758
Stock impact report

MercadoLibre Races Into Fintech Turf War With Rival Nubank [Yahoo! Finance]

Nu Holdings Ltd. (NU) 
Company Research Source: Yahoo! Finance
story, digital bank Nu Holdings Ltd., in a fight for dominance that will shape the industry for years to come. Most Read from Bloomberg Brace for a Nationwide Shuffle of Corporate Headquarters A Chicago Skyscraper Cements the Legacy of a Visionary Postmodern Architect Cloud Computing Tax Threatens Chicago's Silicon Valley Ambitions NYC's Run-Down Bus Terminal Gets Approval for $10 Billion Revamp Kansas City Looks Back on its Long, Costly Ride With Microtransit The companies' leaders are friendly rivals who emerged from the startup scene together, and both downplay the idea that they're gunning for each other. But MercadoLibre has amassed tens of millions of users for shopping and transactions whose data it can mine to offer products from insurance to personal loans. That's bringing it into the same orbit as Nubank, as the fintech is known. Both are making aggressive pushes with financial products in Mexico, which could play a kingmaker role if either are able to crack Show less Read more
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