IPO: Nubank’s Dazzling Debut✨✨✨

MillionaireTiger
2021-12-10
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Hey Tigers! 

Happy Friday! One of the biggest IPOs in the U.S. this year is $Nu Holdings Ltd.(NU)$!!!✨✨✨

  • Brazilian fintech company Nubank made its market debut Thursday on the New York Stock Exchange and is now trading under the ticker symbol “NU.”
  • Shares of NU soared 15% intraday, valuing the company at an impressive $45 billion. 
  • NU shares were priced at $9 but opened well above its pricing.

In 2018, the bank only had 6 million customers. During the first nine months of 2021, Nubank raked in$1.06 billion and served 48 million customers. The growth has everything to do with the recent Fintech Boom throughout Latin America.📈📈📈

Nubank offers a variety of financial services, like credit cards with non-predatory interest rates and mobile banking services. In a region where almost everyone has a mobile device, but only 30-40% have traditional bank accounts, Nubank has thrived.

Earlier this year, Nubank became one of the world’s most valuable tech unicorns after it raised a $750 million round with Berkshire Hathaway at a $30 billion valuation. Goldman Sachs analysts anticipate that Brazilian Fintech firms alone will make $24 billion USD per year by 2024, so this is definitely an emerging market to keep an eye on.

Leave your analysis about $Nu Holdings Ltd.(NU)$!

You may be rewarded with Tiger Coins💸💸💸

Don't forget I am the richest tiger in this community😎😎

免责声明:上述内容仅代表发帖人个人观点,不构成本平台的任何投资建议。
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精彩评论

  • koolgal
    2021-12-12
    koolgal

    With 48 million users in Latin America and backed by Warren Buffett, Nubank is a Disruptor with a Capital D!  It is changing the face of banking in Latin America like never before! BUY Nubank now because it is going to be a Multi bagger!

    @MillionaireTiger  - IPO Nubank's Dazzling Debut

  • Michane
    2021-12-15
    Michane
    Don't know much of Fintech boom in Latin Am, however from what u wrote, $Nu Holdings Ltd.(NU)$ has shown great growth in 2021. It looks promising to me! Nu is a large dark African antelope(In Spanish)
  • koolgal
    2021-12-14
    koolgal
    Nubank is Neo Bank with mission to help ordinary people in LatinAm through low fees. 48 million users & growing like fire, it has Warren Buffett's backing. It has great potential to be a multibagger!
  • mark01bravz
    2021-12-12
    mark01bravz
    seems like arkk just bought some nubank shares and it is now the most valuable bank in Latin America, worth 41.5 billion dollars. also, berkshire seem to have bought 260 million dollars more in nubank
  • Frosty4ever
    2021-12-14
    Frosty4ever
    trading at 10.60 aftermarket a premium of 18% to IPO price. will look to invest if premium is lower. very promising as south America looks underserved. tam will be huge.
  • koolgal
    2021-12-12
    koolgal
    With 48 million users in Latin America backed by Warren Buffett, Nubank is a disruptor with capital D! It is changing banking in Latin America like never before.Nubank will be a multi bagger! Buy NOW!
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