NUNu Holdings Ltd.

Business Overview Nu Holdings Ltd. (Nubank) operates a digital banking and consumer finance platform in Latin America, offering credit cards, deposit accounts, and lending products primarily through its mobile app. Revenue is driven mainly by net interest income (from loans and interest-earning portfolios) and fees (e.g., card-related and account/service fees). Market Position Nu is one of the largest digital financial services platforms in the region; in Brazil it has cited being the largest private financial institution by number of customers (per Brazil’s Central Bank) and has also highlighted leadership in new credit card issuance in Mexico. Key differentiators include an app-native distribution model, high engagement, and a low-cost operating platform. Key Segments Nu generally reports around geographic operations across Brazil, Mexico, and Colombia, with product lines spanning cards, accounts/deposits, and credit (secured and unsecured), plus adjacent financial services (e.g., investments/insurance depending on market).