Nu Holdings Is Quietly Building a Banking Empire in Latin America
With more than 135 million customers, this thriving fintech enterprise is still rapidly expanding.
Overview
American investors have no shortage of opportunities to deploy capital within the U.S. financial services industry. However, it's a good idea to expand your horizons. There are booming businesses in other parts of the world.
Nu Holdings (NYSE: NU) is a prime example. It has become a banking powerhouse in Latin America. And it now sports a market cap of $59 billion. Here's what investors need to know before buying the fintech stock.
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Originally published at www.fool.com.
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