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Stock impact report

Where Will Nu Holdings Stock Be in 10 Years? [Yahoo! Finance]

Nu Holdings Ltd. (NU) 
Company Research Source: Yahoo! Finance
Nu Holdings (NYSE: NU) is the parent company of Nu Bank, a digital bank taking Latin America by storm. Starting in Brazil, the bank and financial services platform has disrupted the stodgy legacy institutions and is now closing in on 100 million active customers. This growth stock could be an exciting fintech play on the growth of the Latin American market. Where will Nu Holdings stock land in 10 years? Making banking easier in Brazil and beyond Bad banking services can frustrate customers. Unclear rules, high fees, and long lines are all too common across Latin American markets. Nu Bank's founders found this out firsthand when beginning to work in Brazil. It was then -- back in 2013 -- that the idea for this business was formed. The company built a smartphone app that would simplify banking, spending, and financial services in a market that didn't treat customers well. Sure enough, the idea worked. Today, Nu Bank has 100 million total customers and 92 million that interact wi Show less Read more
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