Nubank, the leading digital financial institution in Latin America, announces an agreement to acquire Banco Porto Real de Investimentos S/A, a bank founded in 1992 in Porto Real, Rio de Janeiro, that operates in the extension of credit to wholesale clients. With this move, which will be submitted for approval by Brazil's Central Bank, Nubank meets the requirements of Joint Resolution No. 17, issued by the Central Bank and the National Monetary Council (CMN), which regulates the naming of financial institutions.
Growth boosts valuation multiples, but it doesn’t always last forever. Companies that cannot maintain it are often penalized with large declines in market va...
Nu Mexico has received authorization from the National Banking and Securities Commission (CNBV) to begin operations as a bank. With more than 15 million customers, Nu will become the largest digital bank in the country, following a process supervised by the CNBV, the Bank of Mexico, and the Ministry of Finance and Public Credit.
Over the past six months, Nubank’s shares (currently trading at $14.06) have posted a disappointing 19.7% loss, well below the S&P 500’s 8% gain. This might ...
Nu's digital reach in Latin America and OneMain's steady U.S. lending highlight two distinct approaches to growth and risk in today's financial sector.
Nubank, one of the largest digital financial services platforms in the world, led primary institution incidence across Brazil in the fourth quarter of 2025, according to research conducted by NPS Prism by Bain & Company. In 17 states, roughly 30% of the population chose Nubank as their primary institution. This means that, across every region of the country, millions of Brazilians rely on Nubank to manage their salary, payments, and financial products.
Even if a company is profitable, it doesn’t always mean it’s a great investment. Some struggle to maintain growth, face looming threats, or fail to reinvest ...
Giants from beverages to banking are all adding buyback firepower, with two signaling confidence in their continued success while the other eyes a recovery.
Check out the companies making headlines yesterday: Nubank (NYSE:NU): Digital banking platform Nubank (NYSE:NU) rose by 3.2% on Wednesday after the company r...
