digital banks

Nu Holdings Ltd. (NYSE:NU) released its first-quarter results after Tuesday's closing bell. Here's a look at the details from the report.  The Details: Nu Holdings reported earnings of 12 cents per share, which missed the consensus estimate of 13 cents. Quarterly revenue came in at $...

Digital bank company Nu Holdings (NYSE:NU) could show its continued growth in Latin America when the company reports first-quarter financial results after market close on Tuesday. Earnings Estimates: Analysts expect the company to report first-quarter revenue of $3.14 billion, up from $2.74 billion...

Warren Buffett just gained greater exposure to the burgeoning digital bank sector in Africa and Asia. What Happened: Nu Holdings (NYSE:NU) — backed by Buffett’s Berkshire Hathaway (NYSE:BRK)(NYSE:BRK) — led a new funding round for Singapore-based Tyme Group. Tyme specializes in building...

Latin American banking company Nu Holdings (NYSE: NU) reported first-quarter financial results after market close Monday. Here are the key highlights. What Happened: Nu reported first-quarter revenue of $1.6 billion, which was nearly double the results of the previous year. The revenue total beat a...

Labeled Bitcoin enemy number one by Peter Thiel, Berkshire Hathaway Inc (NYSE: BRK-A)(NYSE: BRK-B) CEO Warren Buffett now owns a stake in Bitcoin thanks to one of his investments. What Happened: In June 2021, Berkshire Hathaway invested $500 million in Brazilian digital bank Nubank. Buffett...

A leading digital bank in Brazil reported third-quarter financial results and an update on its growth Monday after market close. Here are the key highlights. What Happened: Fintech company Nu Holdings (NYSE: NU) reported third quarter revenue of $1.31 billion, up 171% year-over-year. Revenue was up...

Known as the “Oracle of Omaha” and by other nicknames, legendary investor Warren Buffett is a man of many names. Buffett also gives out nicknames from time to time, including calling leading cryptocurrency Bitcoin (CRYPTO: BTC) “rat poison squared.” Here's how Buffett...