Reported about 8 hours ago
Nu Holdings is evolving from a rapid-growth fintech into a full-scale banking empire, generating substantial profits and expanding its product offerings. With a growing customer base of over 120 million in Latin America, the company is diversifying its services, deepening customer relationships, and pursuing international opportunities, including a recent investment in South African fintech Tyme Group. This strategic expansion could position Nu as a dominant player in the banking sector while maintaining profitability and enhancing customer monetization.
Source: YAHOO