Nu Holdings Banks More Than Half the Adults in Brazil
Nu Holdings (NU) reported second-quarter results after the close, with net income exceeding $1 billion for the first time, up 49% year over year on a currency-neutral basis, and 33% return on equity. Nu said it had 118 million customers in Brazil, over half the population, and monthly activity surpassed 86%. Global customers rose to 138.9 million, up 13% YoY, while ARPAC reached $17.10.








