NU Holdings Ltd (NU)

[UpTickMeA$AP]

https://seekingalpha.com/article/4545322-nu-holdings-potential-latam-compounder

[UpTickMeA$AP]

https://ih.advfn.com/stock-market/NYSE/nu-NU/stock-news/89200051/report-of-foreign-issuer-pursuant-to-rule-13a-16-o

Thuan Pham MIT

https://www.linkedin.com/in/thuanqpham

[UpTickMeA$AP]

The BCB Resolution 246 established that the maximum limit for the interchange fee levied on all prepaid card transactions in Brazil will be 0.70%. The new rules come into force on April 1, 2023.


Interchange fees on prepaid cards represented 7.0% of the Company's revenue in the 12 months from July 2021 to June 2022. If the changes announced by Resolution BCB 246 were in effect since July 1st, 2021, the Company's revenue would have been adversely affected by 2.9%.

https://ih.advfn.com/stock-market/NYSE/nu-NU/stock-news/89143436/report-of-foreign-issuer-pursuant-to-rule-13a-16-o


Looks like roughly a 44 million hit to revenue. Not huge, but a decent slap. As long as growth continues in key metrics, no big deal.

[UpTickMeA$AP]

https://www.investors.com/research/warren-buffett-recent-purchases-signal-bullish-roundup-on-fintech-crypto/

[UpTickMeA$AP]

https://www.prnewswire.com/news-releases/paxos-sees-interest-in-digital-assets-growing-faster-in-latin-america-than-any-other-region-301623227.html

[UpTickMeA$AP]

https://www.finextra.com/pressarticle/94020/nubank-adds-adrian-cockcroft-as-tech-advisor

[UpTickMeA$AP]

https://seekingalpha.com/article/4540354-nu-holdings-excelling-in-extraordinary-times

[UpTickMeA$AP]

https://www.nanalyze.com/2022/09/nubank-stock-complicated-growth/

[UpTickMeA$AP]

https://finance.yahoo.com/news/wall-street-analysts-predict-88-135501957.html

[jhdf51]

Thank you.

[jhdf51]

Yes it is.. thanks.

JHD

[UpTickMeA$AP]

https://www.fool.com/investing/2022/08/23/does-warren-buffet-own-bitcoin/

As of June 30, Nubank had roughly $3.1 billion in cash.

[power11]

BELOW 5$ THINK OF IT ASA AN OPTION WITH EXPIRATION.
I WAS IMPRESSED WITH THEIR EARNINGS. WE WILL REVISIT
THE YEARLY HIGH BEFORE LONG.

[UpTickMeA$AP]

Hard to gauge two years out, but its looking good.

[jhdf51]

Yep if this continues gonna be wonderful.

JHD

[jhdf51]

Good find...You thinking in next several years this could hit $20 area?

JHD

[power11]

GREAT POTENTIAL HERE; CERTAINLY THE LATEST EARNING REPORT
INDICATES THAT. AT THIS PRICE I WOULD BUY AND HOLD.

[UpTickMeA$AP]

https://www.businesswire.com/news/home/20220823005714/en/Alex-Ceballos-Joins-Nubank-as-Chief-Corporate-Development-Officer

[UpTickMeA$AP]

Agreed!

The numbers are pointing in the right direction, so far. Lot's of big boys, big names, holding $NU. If they continue, it's just a matter of time before they scale numbers, and start to turn big profits.

I found this one because of Berkshire Hathaway, Buffet. He was never interested in IPOs, yet this one had the special sauce for him, and he parked a pretty penny here. When the market downturn came, I liked the idea of getting in lower than one of the GOATs.

Could take some time, but thinking eventually, this will be big. So far, numbers are pointing in the right direction, in a big way!

Definitely long.

[jhdf51]

I took the bone you threw and loaded big...

JHD

[jhdf51]

Will be big once they do....

JHD

[UpTickMeA$AP]

https://www.fool.com/investing/2022/08/23/2-welcome-signs-that-nu-holdings-is-getting-closer/

[UpTickMeA$AP]

Warren Buffett Is Not Giving Up on These 10 Stocks Despite Losses

https://finance.yahoo.com/news/warren-buffett-not-giving-10-130327692.html

[UpTickMeA$AP]

Great day! Over a half billion dollars traded hands! Make no mistake, Smart Money loading more!

Looking forward for the next earnings! lol

[PickStocks]

Yep, the trend looks good. Thank you…

[UpTickMeA$AP]

I tried to throw the COOPs a bone last week, before earnings, but it got deleted. Not sure why they left my posts alone this time.

This puppy is going to have some wild swings.


Gltu

[PickStocks]

Thanks for the tip…this is starting to run..

[UpTickMeA$AP]

Earnings slideshow with key metrics.


https://seekingalpha.com/article/4534618-nu-holdings-ltd-2022-q2-results-earnings-call-presentation?mailingid=28741136&messageid=2800&serial=28741136.249&source=email_2800&utm_campaign=rta-stock-article&utm_medium=email&utm_source=seeking_alpha&utm_term=28741136.249

[UpTickMeA$AP]

$NU crushed earnings again!!! ARPAC grew by %105!!!!!! This company is going to the moon! Just a matter of time!

https://ih.advfn.com/stock-market/NYSE/nu-NU/stock-news/88840582/nu-holdings-ltd-reports-second-quarter-2022-finan?xref=ff_sidebar_quote


Operating Highlights:

Customer growth: Nu added 5.7 million customers in the quarter reaching a total of 65.3 million customers in Brazil, Mexico and Colombia. This represents a 57% growth year-over-year (YoY), reinforcing Nu’s positioning as one of the largest digital banking platforms globally.
Engagement and activity rates: Average Revenue per Active Customer (ARPAC) expanded to $7.8, growing by 105% on a FX neutral basis (FXN)1. Activity rate hit a new historical-high mark growing to 80%. Nu has become the primary bank for over 55% of the monthly active customers that have been with Nu for over a year.
Low-cost operating platform: Monthly Average Cost to Serve Per Active Customer reached $0.8, remaining flat YoY and FXN.
Asset Quality: lead indicators have remained stable and asset quality followed its normalization post pandemic: Nu’s NPL 15-90 remained stable at 3.7%, while 90+ reached 4.1% in line with expectations.

[UpTickMeA$AP]

Grand Cayman, Cayman Islands, August 10, 2022 - Nu Holdings Ltd. ("Nu Holdings" or "Company"), hereby informs its shareholders and the market that the Financial Superintendence of Colombia (SFC) approved its request to incorporate a financing company in Colombia, Nu Colombia Compañía de Financiamiento S.A. ("Nu Colombia") (Incorporation License or Licencia de Constitución). This will enable Nu Colombia to offer deposit products in the future, amongst other financial products. This milestone reinforces the long-term vision and commitment of the Company to Colombia, and will allow the expansion of its portfolio of credit, payments and savings products in the country.

This is the first of two licenses Nu Colombia must obtain in the country to provide savings options in its portfolio. The second license (Operating License or Licencia de Funcionamiento) will be requested in the next few months. Nu Holdings will keep the market informed of any new developments.

https://www.marketscreener.com/quote/stock/NU-HOLDINGS-LTD-130481391/news/Nu-NOTICE-TO-THE-MARKET-Form-6-K-41264817/


Very nice for future growth! Very very nice!

[UpTickMeA$AP]

Our Aki Algorithm Is Like a Coca-Cola Recipe”: Mark Swan, Chief Technology Officer, NuBank
TECHNOLOGY


https://nationworldnews.com/our-aki-algorithm-is-like-a-coca-cola-recipe-mark-swan-chief-technology-officer-nubank/


Brazil’s Largest Digital Bank Nubank Reaches 1M Crypto Users After Just a Month

https://www.coindesk.com/business/2022/07/26/brazils-largest-digital-bank-nubank-reaches-1m-crypto-users-after-just-a-month/

[UpTickMeA$AP]

I'm trying to understand why the US and China seem to be having a contest, to see who can inject more money into Brazil. Is it the Amazon resources? Why is Brazil so incredibly special all of the sudden?

Any knowledge on this, would be greatly appreciated.

[UpTickMeA$AP]

https://www.ft.com/content/61432e87-9e74-4d28-9a45-6310070ad4eb

“There’s going to be a rationalisation of some of the fintechs that are in the market, there will probably be some consolidation,” Nubank’s chief government and founder David Vélez instructed the Financial Times. “This will enable the survival of the fittest.”

Vélez predicted “a number of acquisitions” within the sector. “Some of the M&A [mergers and acquisitions] conversations we had 12 months ago are coming back at a 70 per cent discount?.?.?.?We’ll be looking to do more M&A.”

Vélez mentioned Nubank was “very close to break-even in Brazil”. He mentioned the group might be “fully profitable tomorrow”, however was placing progress first. The group was in a robust monetary place after elevating about $2.8bn within the IPO and its credit score losses had been decrease than the market common, he added.

The Colombian pointed to the proliferation of “about 40 different digital banks” in Brazil, Nubank’s homeland and Latin America’s largest economic system. “It probably was too much. Consumers will not have 20 different payment apps in their smartphones. It’s just too complex. You might have three or four, not 20.”

[UpTickMeA$AP]

The global neobanking market size was valued at USD 47.39 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 53.4% from 2022 to 2030.

https://www.grandviewresearch.com/industry-analysis/neobanking-market

[UpTickMeA$AP]

The most valued independent neobank in 2021 was Brazilian Nubank, at 45 billion U.S. dollars, thus stealing the position from Chime - the highest valued independent digital bank in 2020. Chime was valued at 14.5 billion U.S. dollars in 2020, while Nubank was second that year, with 10 billion U.S. dollars.Mar 23, 2022

https://www.statista.com/statistics/1239713/most-valued-independent-neobanks-worldwide/

[0210]

WB: $9.34 ($1.0B/107.1m shares or 2.36% of NU o/s that WB owns) vs. $4.22 now.

[UpTickMeA$AP]

Possibly... But he owns 107,118,784 shares, and 4.6 billion shares in issue. Even if he locks his away, tons of shares now available to be sold.

He's a player, but 3% isn't going to control anything.

The good news, is the growth $NU has shown, could entice many to hold, and possibly add at these levels.

This will be an interesting one to watch.

[makinezmoney]

$NU: Do you know what Buffets buyin price was ???

Pretty sure he'll stick around for a few years.


GO $NU

[UpTickMeA$AP]

90% of shares just came off lock up a couple days ago.

[makinezmoney]

$NU: Nice and cheap.... great quarterly !

And our boy WARREN BUFFET is in it.

He knows how to invest.


Now at 3.70 and he paid much more than we are right now.


Loading time coming soooooooooooonnnnnnnnnnnnnnnnnn



https://bitcoinmagazine.com/business/warren-buffett-backed-nubank-buys-bitcoin-adds-trading






GO $NU

[starman2]

https://www.businesswire.com/news/home/20220222006162/en/Nu-Holdings-Ltd.-Reports-Fourth-Quarter-and-Full-Year-2021-Financial-Results

Q4’21 and FY’21 Results Snapshot
Below are Q4’21 and full year 2021 performance highlights of Nu Holdings Ltd.:

Operating Highlights:

Customer growth: Nu added 5.8 million customers in the quarter, reaching a total 53.9 million customers across Brazil, Mexico and Colombia.
Engagement and activity rates: Average Revenue per Active Customer (ARPAC) expanded to $5.6 in Q4'21 (from $3.3 in Q4’20) and the activity rate1 to 76.3% (from 65.6% in Q4’20), with active customers reaching 41.1 million in the year-end. Nu estimates that over 55% of the monthly active customers that have been Nu customers for over a year have made Nu their primary banking account provider.
Low-cost operating platform: Monthly Average Cost to Serve Per Active Customer decreased 20.4% on an FX neutral basis (FXN)2 to $0.9 in Q4'21 (and to $0.8 in 2021), while non-performing loan delinquency rates have remained below Nu's historical averages and industry averages.
Financial Highlights:

Revenue: total revenue for Q4'21 reached $635.9 million, increasing year-over-year (YoY) by 224.3% FXN. In 2021, total revenue was $1.7 billion, setting a new record for the Company.
Gross Profit: totaled $226.9 million in Q4'21, increasing YoY 207% FXN, and increased to $732.9 million in 2021, up YoY 131.6% FXN. The gross margin was 35.7% in Q4'21 compared to 37.7% in Q4'20.
Adjusted Net income: Nu reported Adjusted Net Income of $3.2 million in Q4'21. In 2021, the Company reported an Adjusted Net Income of $6.6 million compared to an Adjusted Net Loss of $26.8 million in 2020. This was the first year the Company posted positive Adjusted Net Income.
Business highlights

Initial Public Offering (IPO): Nu’s IPO was the world’s largest dual listing since 2012, raising approximately $2.8 billion in gross proceeds, after the partial exercise of the underwriters’ option to purchase additional shares. It was the first-ever US IPO with a concurrent Brazilian Depository Receipt (BDR) offering in Brazil, through which the Company gifted a BDR to more than 7.5 million customers who joined the NuSócios program and which helped multiply the number of Brazilians financially included in the investments markets. The IPO also represented one of the largest-ever global Directed Share Programs (DSP), where over 800,000 people participated in Nu's offering. Historically, Nu estimates it was also the largest number of retail investors to participate in a Brazilian IPO.
Products: During 2021, Nu launched numerous new products and features, including Marketplace (currently with over 20 partners), Apple/Google/Whatsapp Pay, UltraViolet (premium card), Secured Cards, Life Insurance and Proprietary Funds. Nu has NPS levels 90 or above in the countries in which it operates.
SMEs: The base of SME customers almost tripled in 2021, growing from 0.5 million to 1.4 million.
M&A: During 2021, Nu closed the acquisition of Easynvest, the largest independent digital investment platform in Brazil, now NuInvest. The Company also closed the acquisitions of Juntos, a conversational platform, and SpinPay, a checkout solution provider, and announced the acquisition of Olivia, an AI-based personal finance management provider.
International expansion: Nu continues to see robust growth in Mexico, reaching 1.4 million customers at the end of 2021, expanding 1,243% YoY. It suggests Nu may have already become the largest issuer of new credit cards in the country in the same period.

[Mikey]

Also, picked up $9 calls, today....... march 18 expire

[Mikey]

picked up March 18, $10 calls...Earnings out TUE 2/22

[Bianca1950]

Yes harbor but we can’t be everywhere

[starman2]

I'm here now :o
..Sold another ticker to buy this. Hope it wasn't a mistake. lol.

[Harbor6460]

I Wish I was here a week earlier. Lol

[jonny_red]

NU Holdings Ltd Price Levels to Watch - NU

#NU $NU

[Porterhouse10]

Cathy Woods buying

[peterquinnvet]

I agree, especially with the Infrastructure Bill passing. Time will tell.

[peterquinnvet]

Forbes updated NU's numbers here, check it out: https://www.forbes.com/companies/northeast-utilities/?sh=2960edee3a24