Nu Holdings Keeps Adding Customers at a Blistering Pace. Is the Fintech Still a Bargain?
Nu's stock looks undervalued relative to its growth rates.
Nu Holdings Keeps Adding Customers at a Blistering Pace. Is the Fintech Still a Bargain?
Overview
Nu Holdings (NYSE: NU) is one of the world's fastest-growing fintech companies. It owns NuBank, the largest digital-only bank in Latin America. By streamlining its digital services and offering a fee-free credit card, it expanded much faster than its brick-and-mortar competitors. It also expanded its ecosystem with more loans, e-commerce services, and crypto trading tools.
From 2021 to 2025, Nu's year-end customer base grew from 54 million to 131 million, its activity rate (active customers divided by total customers) expanded from 76% to 83%, and its monthly average revenue per customer (ARPAC) more than tripled from $4.50 to $15. Even as it added customers at that blistering pace, its average cost per active customer held steady.
Image source: Getty Images
Details
Source
Originally published at www.fool.com.
