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Benzinga
Benzinga
Business
Chris Katje

Nu Holdings Q3 Earnings Highlights: Warren Buffett-Backed Digital Bank Sees Shares Rally, Here's Why

NU Warren Buffett Nu Holdings Brazil Bitcoin Berkshire Hathaway Nubank

A leading digital bank in Brazil reported third-quarter financial results and an update on its growth Monday after market close. Here are the key highlights.

What Happened: Fintech company Nu Holdings (NYSE:NU) reported third quarter revenue of $1.31 billion, up 171% year-over-year. Revenue was up from last year’s $480.9 million and $1.16 billion in the second quarter.

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