Nu Holdings Is Quietly Building a Banking Empire in Latin America
Written by Neil Patel for The Motley Fool -> Nu’s impressive growth figures reveal a business that is winning over consumers in Latin America. The company’s return on equity of 29% is higher than what top-tier bank JPMorgan Chase reports. Shares of the digital bank are down 28
Nu’s impressive growth figures reveal a business that is winning over consumers in Latin America.
The company’s return on equity of 29% is higher than what top-tier bank JPMorgan Chase reports.
Shares of the digital bank are down 28% in 2026, dropping the valuation to a compelling level.
American investors have no shortage of opportunities to deploy capital within the U.S. financial services industry. However, it's a good idea to expand your horizons. There are booming businesses in other parts of the world.
Nu Holdings (NYSE: NU) is a prime example. It has become a banking powerhouse in Latin America. And it now sports a market cap of $59 billion. Here's what investors need to know before buying the fintech stock .
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Nu's value proposition is clear. It provides low-cost, transparent, and easy-to-access financial services to an audience that was not only historically underserved but also unfamiliar with a digital-first model. Founded in 2013, this business continues to register phenomenal growth as its adoption soars.
As of March 31, Nu had over 135 million customers, up 14% year over year. An ever-expanding user base propels the top line. First-quarter 2026 revenue jumped 42% to $5.3 billion.
