Nu Holdings Surges 58%: 3 Reasons to Invest in the Fintech Leader

Nu Holdings has surged 58% since the start of the year, driven by its success in serving Latin American regions with affordable banking services through its digital platform. The company has a large customer base to sell to and is targeting other markets ripe for disruption. Three reasons to invest in Nu Holdings include its growth in Brazil, huge customer base to cross-sell to, and expanding product offerings. Nu currently holds multiple regulatory licenses and is aiming to acquire a small bank in Brazil next year, which could increase legitimacy and access to new markets.