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Barchart
Barchart
Aditya Raghunath

How High Can Nu Holdings Rise?

Nu Holdings NU Brazil fintech Mexico

Shares of Nu Holdings (NU) have outpaced the broader markets by a wide margin in 2023. The stock is up 121% year-to-date, valuing the fintech company at a market cap of $36 billion. Despite its outsized gains, Nu Holdings is trading 34% from all-time highs. 

Nu Holdings is among the largest digital banking platforms globally, serving 80 million customers in Brazil, Mexico, and Colombia. It aims to leverage proprietary technologies to create financial solutions for individuals and small and medium enterprises. A Brazil-based digital bank, Nu Holdings offers low-cost financial services to customers that range from personal banking to insurance and investments. 

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