3 Key Factors Driving Nu Holdings' Unprecedented Growth and Efficiency
Nu .(NU) Gurufocus·2024-06-28 13:00
Why is Nu Holdings so special? Source: Nu Holding's Investor Relations Rapidly Growing Customer Base Rapidly growing customer base 20.20 million. This growth has positioned Nu Holdings to reach 54% of Brazil's adult population, with 83% of these customers being active every month. The first factor driving my bull thesis is its rapidly growing customer base. Nu Holdings has nearly doubled its expansive customer base in the past two years, achieving a compound annual growth rate of 29% from first-quarter 2022 ...