3 Reasons to Buy Nu Holdings Stock Like There's No Tomorrow

Nu Holdings (NYSE: NU) is making waves in the fintech investment sector. Since the start of the year, the Latin American financial services company has surged 58%. The bank has done a stellar job of serving regions starved for quality, affordable banking services, leveraging its digital platform to connect with hundreds of millions of customers.The company's stock performance reflects investor optimism about Nu's growth trajectory and future prospects. The bank has a large customer base to sell to and is targeting other markets ripe for disruption. Here are three reasons to invest in Nu Holdings today.For many years, Brazilian consumers faced a concentrated and predatory banking system dominated by just five banks. The situation was so severe that credit card interest rates reached 160%, and former finance minister Paulo Guedes described it as a "cartel."Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool