Nubank Earnings Reveal Massive Growth: 118M Customers, 74% Profit Jump, and Record-Breaking Revenue
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NuBank (NU): How Latin America’s Top Fintech Is Rebuilding Banking
The “FinTech” (Financial Tech) revolution is taking over the financial world by progressively replacing, or at least forcing change upon, the incumbent players in the sector, older banks, insurance companies, and investment funds that were more focused on rent-seeking than innovation. What started with just online payment with companies like PayPal (PYPL +2.92%) is now becoming a major force shaping the financial industry. As a result, internati…
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