$Nu Holdings Ltd.(NU)$ looks promising! Even Warren Buffet has some share in it!

IPO: Nubank’s Dazzling Debut✨✨✨

@MillionaireTiger
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😎😎
IPO: Nubank’s Dazzling Debut✨✨✨

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