NUBANK

Nu Lowers Yield on Savings Accounts in Mexico
Nu Lowers Yield on Savings Accounts in Mexico
March 26, 2024  |  Digital Banking

Digital bank Nu Holdings will lower the yield on its high-yield savings accounts in Mexico after the country’s central bank cut its key rate for...

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FinTech IPO Index Up 5.2%; Expensify and Sezzle Lead Earnings Season Gainers
FinTech IPO Index Up 5.2%; Expensify and Sezzle Lead Earnings Season Gainers
March 01, 2024  |  Fintech Investments

The earnings avalanche continues.   The FinTech 100 Index gained 5.2% in a week that saw most names rocket higher. Expensify surged 30% higher. The company said...

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Nubank Approaches $1 Billion in Revenue Amid Mexican Expansion
Nubank Approaches $1 Billion in Revenue Amid Mexican Expansion
February 06, 2024  |  Digital Banking

Brazilian neobank Nubank is predicting it will someday become Latin America’s largest financial service company. “I think that will happen eventually,” CEO David Vélez told the Financial Times (FT)...

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As Third Quarter Ends and Earnings Loom, FinTech Profits Come Into Focus
As Third Quarter Ends and Earnings Loom, FinTech Profits Come Into Focus
September 30, 2023  |  Fintech Investments

As of the close of trading Friday, the third quarter’s in the books. And in just a few weeks, the scoring begins in the form...

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Blend, Huize Help FinTech IPO Index Notch 0.2% Gain in Volatile Week 
Blend, Huize Help FinTech IPO Index Notch 0.2% Gain in Volatile Week 
September 29, 2023  |  Connected Economy

A volatile week on Wall Street is bringing the third quarter to a close. And for the FinTech IPO Index, the slight gains of 0.2%...

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Partnerships and New Tech Announcements Dominate as FinTech IPO Slips 0.9%
Partnerships and New Tech Announcements Dominate as FinTech IPO Slips 0.9%
September 08, 2023  |  IPO

Earnings season has trailed off — and now come the headlines focused on technology, partnerships and entry into new markets as FinTechs continue to try...

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Nubank Launches Personal Loans for Customers in Mexico
Nubank Launches Personal Loans for Customers in Mexico
September 05, 2023  |  Personal Loans

Latin American FinTech Nubank says it will begin offering personal loans to customers in Mexico. The new product, announced Tuesday (Sept. 5), will roll out in the days ahead...

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Nubank’s Stock Dips After CEO Sells 3% of His Shares
Nubank’s Stock Dips After CEO Sells 3% of His Shares
August 17, 2023  |  Markets

Digital bank Nubank reportedly saw its shares dip after CEO David Velez sold a portion of his stake in the company. The stock fell by...

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Beike Finance and XP Surge as FinTech IPO Index Heads Up 0.5%
Beike Finance and XP Surge as FinTech IPO Index Heads Up 0.5%
July 28, 2023  |  Fintech Investments

The platforms held sway this past week, gaining some ground ahead of earnings due through the next several days. And as a result, the FinTech...

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