Where Will Nu Holdings Stock Be in 5 Years?

Nu Holdings (NYSE: NU) -- parent company of Nu Bank -- is closing in on 125 million customers across three Latin American markets, making it one of the fastest-growing and largest digital banks in the world today -- and one of the largest banks of any kind by customer count. With a disruptive online banking model that is crushing poorly run legacy banks across Brazil, Mexico, and Colombia, Nu Bank is growing its top and bottom lines at a rapid rate. And with the stock at a price of about $15.50 and its market cap at about $75 billion, it's pushing toward a new all-time high.There is a large growth runway ahead for this disruptive Brazilian fintech. But medium- to long-term investors considering opening a position in the stock will want to know what they can expect Nu Holdings to look like in five years.Starting in its home market of Brazil, Nu Bank has won market share with one simple strategy: It built a bank that actually treats its customers well. With an easy-to-use mobile app, fair personal lending rates, and a plethora of digital tools that can serve nearly every personal financial need, Nu Bank now counts 60% of the adult population of Brazil among its customers. That's an incredible achievement for a company that was founded barely over 10 years ago.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool