Nu Holdings ($NU) is traded on NYSE after IPO in December 2021. In May 2024, Nubank became the first bank to reach 100 million customers outside Asia.
With a $750 million investment from Warren Buffett, Nu Holdings is one of only 5 foreign stocks held by Berkshire Hathaway.
What helped Nubank become the world's largest digital banking platform (excluding Asia) after 10 years of operation? In this article, Viet Hustler will go through Nubank's business model and unique competitive advantages.
Introduction to Nubank
Business Model
Competitive Advantages
Financial Analysis
Opportunities and Risks
Valuation
