Tagged: nubank

July 18, 2024 @ 2:36 pm By Omar Faridi  |  

In another step towards contributing to the development of the ETF market in Brazil, Nu Asset Management (Nubank’s investment fund manager) announces two new solutions: the Nu Ibov Smart Low Volatility B3 (LVOL11) and the Nu Ibov Smart High Beta B3 (HIGH11). The two ETFs… Read More

July 12, 2024 @ 5:21 pm By Omar Faridi  |  

Nubank (NYSE: NU) customers across Brazil now have access to a new alternative for fuel payment transactions. Users of the Shell Box app, Shell’s platform for experiences, “can now enjoy the convenience of paying for their fuel using NuPay, an online payment method for Nubank… Read More

June 30, 2024 @ 10:56 am By Omar Faridi  |  

Nubank (NYSE: NU) announced the acquisition of Hyperplane, a data intelligence company from Silicon Valley. The partnership will usher in a new era for digital banking platforms, “bringing smarter, fairer, and more personalized financial products and services to Nubank’s customers.” Hyperplane, launched in 2022 and… Read More

June 28, 2024 @ 5:43 pm By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be the largest digital banking platform in the world outside Asia, announced on the results of the seventh edition of Nubank Data, this time with the theme Financial Health and Well-Being: Access Beyond Credit. The study focuses on the journey… Read More

June 12, 2024 @ 6:04 pm By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be one of the world’s largest digital banking platforms outside of Asia, and Chubb, a global enabler of insurance, announced that they have reached a significant milestone of 2 million active insurance policies in Brazil. Contributing to the success… Read More

May 30, 2024 @ 8:33 am By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be the largest digital banking platform in the world outside of Asia, announces the launch of its cryptocurrency transfer functionality. Now, customers can send and receive crypto assets “directly from their wallets.” The solution, which is being gradually rolled out,… Read More

May 19, 2024 @ 11:50 am By Omar Faridi  |  

Nu Holdings Ltd. (NYSE: NU), which claims to be one of the world’s largest digital banking platforms, released its First Quarter financial results. Financial results are presented in accordance with International Financial Reporting Standards (IFRS). David Vélez, founder and CEO of Nubank said: “In May… Read More

May 10, 2024 @ 8:54 am By Omar Faridi  |  

Nubank (NYSE: NU) announced that it has surpassed 100 million customers in Brazil, Mexico, and Colombia, making it the first digital banking platform to reach this milestone outside of Asia. The achievement reportedly comes on “the heels of record 2023 financial results, with over US$1… Read More

April 27, 2024 @ 6:03 pm By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be one of the largest digital financial services platforms, announces  the release of Nubank+, which is described as “an evolution of the Nu experience.” From now on, those who join the experience will reportedly “have even more benefits like cashback,… Read More

April 20, 2024 @ 7:51 am By Omar Faridi  |  

Analysis of pseudonymized and aggregated data from 3.6 million Nubank (NYSE: NU) customers illustrates drivers and barriers along the journey to long-term financial health. Recently, Nubank and Mastercard (NYSE: MA) released findings “from a study measuring the financial inclusion impact on individuals, including some who… Read More

April 10, 2024 @ 1:54 pm By Omar Faridi  |  

Nubank Ultravioleta, the seamless experience provider for high-income Nubank (NYSE: NU) customers, announces its entry into the travel segment with the pre-launch of its Global Account, in partnership with Wise Platform, which is Wise’s (LSE:WISE) global infrastructure solution for banks and large companies. Starting now,… Read More

April 8, 2024 @ 5:41 pm By Omar Faridi  |  

As another reinforcement for the security of its customers, Nubank (NYSE: NU), which claims to be one of the largest digital financial services platforms in the world, announces the launch of Verified Call: a new tool for over 90 million people who use the app… Read More

April 1, 2024 @ 12:33 pm By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be one of the world’s largest digital financial services platforms, reportedly ranks among the most valuable brands in Brazil. The Kantar BrandZ 2024 ranking places Nubank in fifth position, “a 28% increase compared to the previous ranking in 2022.” Juliana… Read More

March 28, 2024 @ 2:50 pm By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be one of the world’s largest digital financial services platforms, has just reached the milestone of four million customers in Nubank PJ, which offers solutions for entrepreneurs. This number represents an increase of “around 50% compared to the previous year,… Read More

March 15, 2024 @ 4:40 pm By Omar Faridi  |  

Five months after Nubank (NYSE: NU) launched its first index funds (ETFs) through its investment fund manager, Nu Asset, Nu Renda Ibov Smart Dividendos (NDIV11) and Nu Ibov Smart Dividendos (NSDV11) have already “accumulated R$57 million in investments, with R$23 million in NSDV11 and R$34… Read More

February 26, 2024 @ 9:51 pm By Omar Faridi  |  

Nu Holdings Ltd. (NYSE: NU), one of the largest digital financial services platforms, released its Fourth Quarter and Full Year 2023 financial results. Financial results are expressed “in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS).” David Vélez, founder and… Read More

February 22, 2024 @ 5:22 am By Omar Faridi  |  

Nubank (NYSE:NU), one of the largest financial services platforms in the world, has appointed Elita Ariaz as the new Chief Legal Officer of the company. With over 20 years of experience in the sector, the executive assumes the position to lead the Legal, Compliance, and Public… Read More

February 21, 2024 @ 10:10 am By Omar Faridi  |  

Nubank (NYSE:NU) has just expanded its investment offerings by bringing another new option to its customers: starting this week, the CDB IPCA (Certificate of Deposit tied to the Consumer Price Index) will be gradually available to users on the app. With this addition, customers will… Read More

February 6, 2024 @ 10:23 pm By Omar Faridi  |  

Nubank (NYSE:NU), which claims to be one of the largest digital financial services platforms in the world, reaches the milestone of 1.5 million users of “Modo Rua,” a security feature that allows users to set a maximum total value for transactions via Pix, TED, or boleto… Read More

January 31, 2024 @ 10:58 am By Omar Faridi  |  

Nubank (NYSE:NU), which claims to be one of the world’s largest digital financial services platforms, announces its newest product developed by Nu Asset: Nu Selic Simples. With a majority allocation in post-fixed public bonds from the National Treasury (LFTs – Financial Letters of the Treasury),… Read More