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Brazil’s Nubank launches in the US
Banking Dive8d agoneutral
Brazil’s Nubank launches in the US

The debut, ahead of full OCC approval but through a partner bank, coincides with the rollout of a multicurrency digital account for cross-border transactions.

Nu Holdings (NU) Launches $1 Billion Buyback As CFO Handover Takes Shape
Simply Wall St.93d agobullish
Nu Holdings (NU) Launches $1 Billion Buyback As CFO Handover Takes Shape

Nu Holdings (NYSE:NU) has authorized a $1b share buyback program. The company is implementing management changes, including a CFO succession. Nu Holdings is investigating an erroneous liquidation message sent to some customers. The business continues expanding rapidly across key Latin American markets. Nu Holdings enters this news cycle with its stock at $12.79 and a mixed recent track record, with the share price down 24.9% year to date but up 75.0% over three years. The stock has also...

Nubank (NU) Launches “NuCel” Mobile Service Targeting Teenagers
Insider Monkey105d agoneutral
Nubank (NU) Launches “NuCel” Mobile Service Targeting Teenagers

Nu Holdings Ltd. (NYSE:NU) is one of the best IPO stocks to buy and hold for 2 years. On May 26, Nubank announced the launch of “NuCel,” a new mobile service tailored for customers aged 16 to 18. The offering integrates 5G connectivity directly into the Nubank app, allowing young users to manage their plans […]