Here's Why Nu Holdings Surged 55% in the First Half of 2024

NU Revenue (Quarterly) data by YCharts Shares of the Brazilian fintech Nu Holdings (NU 1.21%) exploded 54.7% higher in the first half of 2024, according to data provided by S&P Global Market Intelligence. The company continues to build on its dominant position in the Brazilian banking market and has its sights set on an even bigger market opportunity across Latin America. Over the past few years, Brazilians without bank accounts have gone from 16.3 million to 4.6 million, and Nu has been a big reason for th ...