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Nu Holdings Beats Q3 Revenue Estimates as It Begins Expanding Beyond Latin America

GAAP earnings per share matched forecasts, while shares rose 2.1% in Thursday after-hours trading.

By John Kim
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A hand taps a plain debit card against a compact payment terminal / TokenPost.ai
A hand taps a plain debit card against a compact payment terminal / TokenPost.ai

Nu Holdings beat analysts’ third-quarter revenue forecasts as its business strengthened in Latin America and the fintech took initial steps to grow in markets beyond the region.

GAAP earnings per share matched forecasts. Nu shares rose 2.1% in after-hours trading Thursday, Nov. 12.

Separately, Nu began U.S. operations Sept. 10, offering banking, payment and credit products that include stablecoin-based international transfers.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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