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Nu Holdings Reports Better-Than-Expected Q1 Revenue
Tuesday, May 14, 2024 - 4:43pm | 325Nu Holdings Ltd. (NYSE:NU) reported its first-quarter financial results after the bell Tuesday. Here's a look at the highlights. The Details: Nu Holdings reported quarterly revenue of $2.7 billion which beat the analyst consensus estimate of $2.49 billion by 8.28% and represents a 66.77%...
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Crypto-Friendly Nubank Rockets Berkshire Hathaway's Returns With A 93% Gain: Report
Friday, October 13, 2023 - 3:22am | 527Warren Buffett‘s Berkshire Hathaway (NYSE:BRK) (NYSE:BRK) has seen a 93% increase in the value of its stake in Nu Holdings (NYSE:NU) since January, making Nubank the star performer in Berkshire’s 2023 portfolio. According to a report by Business Insider, the conglomerate initially...
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Nubank Taps Paxos To Cater To Latin America's Growing Thirst For Crypto Trading
Friday, May 13, 2022 - 8:15am | 250In partnership with regulated blockchain infrastructure provider Paxos, Nu Holdings’ (NYSE: NU) Nubank announced its entry into crypto trading with a simple and safe in-app experience. The development comes as the digital bank looks to cater to the demand for cryptocurrency in Latin America....
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Fintech Focus For June 15, 2021
Monday, June 14, 2021 - 8:38pm | 1665Quote To Start The Day: “There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” Source: Colin Powell One Big Thing In Fintech: Billionaire investor Mark Cuban is very bullish on the future of DeFi, or decentralized finance, and DAOs, or...
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Fintech Focus For June 9, 2021
Tuesday, June 8, 2021 - 7:39pm | 2379Quote To Start The Day: "If you want to live a happy life, tie it to a goal, not to people or things.” Source: Albert Einstein One Big Thing In Fintech: A small number of banks have begun offering early direct deposit — a move that will cost them revenue in the short run but could...
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Fintech Focus For January 29, 2021
Thursday, January 28, 2021 - 6:44pm | 1312Quote To Start The Day: Knowledge should be rewarded. Source: John Vitti One Big Thing In Fintech: The biggest challenge facing consumers in finance is a lack of trust; it’s tough to discern whether financial institutions are acting in the interest of customers and sharing their values. That...
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Fintech Focus For September 14, 2020
Sunday, September 13, 2020 - 8:52pm | 1823Quote Of The Day: I failed my way to success. - Thomas Edison Fintech Movers: Coinbase CEO Brian Armstrong doubled down on his past criticism of Apple, highlighting the tech giant's unwillingness to allow certain crypto-related features on its mobile app. - Block Central bankers near a...
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Fintech Focus For August 28, 2020
Thursday, August 27, 2020 - 5:47pm | 2399Quote Of The Day: Never let the fear of striking out keep you from playing the game. - Babe Ruth Fintech Movers: The US SEC approved the proposed Discretionary Limit, or D-Limit, order type from exchange operator IEX Group as three new exchanges are also slated to launch within the next month. -...
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Fintech Focus For July 29, 2020
Wednesday, July 29, 2020 - 5:25pm | 2166Daily Perspective: Opportunities multiply as they are seized. - Art Of War Fintech Movers: Startups like Atomic, Astra, and Canopy are already starting to build gateless, autonomous fintech products. When they arrive, the future of money will look very little like the past. - Forbes TradeZero...
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The Financial Wellness Industry Is Showing No Signs Of Slowing Down
Wednesday, March 11, 2020 - 11:40am | 704The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The proliferation of tech-enabled financial services has led to an explosion of offerings for consumers looking to get their financial...