Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

Weak guidance reveals a setback in AI adoption within Salesforce, leading to a decline in stock after hours, as monetization of AI is progressing slower than anticipated. Here’s the latest update from 24 hours ago.

September 5, 2025

Overview of the Size, Trends, Growth Drivers, and Key Players in India’s Fintech Sector

September 5, 2025

Biden 2.0 Rising? Trump’s brief attack seeks to dispel health rumors, while the far right suggests that issues are evident.

September 5, 2025

The pros and cons of utilizing AI for financial management – Newspressnow.com

September 5, 2025
Facebook X (Twitter) Instagram
Trending
  • Weak guidance reveals a setback in AI adoption within Salesforce, leading to a decline in stock after hours, as monetization of AI is progressing slower than anticipated. Here’s the latest update from 24 hours ago.
  • Overview of the Size, Trends, Growth Drivers, and Key Players in India’s Fintech Sector
  • Biden 2.0 Rising? Trump’s brief attack seeks to dispel health rumors, while the far right suggests that issues are evident.
  • The pros and cons of utilizing AI for financial management – Newspressnow.com
  • Kapital is the final unicorn in Mexico valued at over $1 billion.
  • Reasons financial institutions emphasize responsibility in the development of GenAI
  • IRDAI reinforces stance: fintechs backed by venture capital are ineligible for insurance licenses.
  • Pros and cons of utilizing AI for financial management: Automation streamlines tasks and offers tailored insights, yet raises security concerns.
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    Klarna IPO Valuation Analysis in the US Banking Sector

    September 2, 2025

    Robinhood’s IA Investing Tool Digests Launches in the UK

    August 27, 2025

    JMJ Fintech experiences fluctuations despite robust recent financial results and growth strategies

    August 16, 2025

    Revolutionizing Financial Independence through Cryptocurrency Adoption

    August 16, 2025

    Reasons Robinhood is poised for long-term growth in the evolving FinTech and cryptocurrency sectors.

    August 16, 2025
  • AI

    Weak guidance reveals a setback in AI adoption within Salesforce, leading to a decline in stock after hours, as monetization of AI is progressing slower than anticipated. Here’s the latest update from 24 hours ago.

    September 5, 2025

    The pros and cons of utilizing AI for financial management – Newspressnow.com

    September 5, 2025

    Reasons financial institutions emphasize responsibility in the development of GenAI

    September 4, 2025

    Pros and cons of utilizing AI for financial management: Automation streamlines tasks and offers tailored insights, yet raises security concerns.

    September 4, 2025

    The growing emphasis on AI-driven content within financial markets

    September 4, 2025
  • Acquisitions

    The incident involving the Kaustubh Kulkarni movement in Moomoo

    September 3, 2025

    Overview of Acquisitions for US Fintech Companies from the Clifford Chance Guide

    September 2, 2025

    Dentons guides PEAC Solutions in acquiring Fintech Topi

    August 29, 2025

    Truckstop.com purchases the denim division of the transport finish company

    August 24, 2025

    The funding strategy for the Fintech company is secured.

    July 31, 2025
  • Trends

    Overview of the Size, Trends, Growth Drivers, and Key Players in India’s Fintech Sector

    September 5, 2025

    SEF – Wits Global Fintech Conference 2025 Investigates Worldwide Fintech Trends

    September 4, 2025

    The impressive results of PB Fintech underscore the contrast with overall market trends.

    September 4, 2025

    South Korea’s Fintech Market Overview, Trends, and Growth Predictions

    August 30, 2025

    Vietnam’s fintech market projected to exceed 50 billion USD by 2030.

    August 21, 2025
  • Insights

    Kapital is the final unicorn in Mexico valued at over $1 billion.

    September 5, 2025

    Canton RestitySteve Forbes and Peter Schiff Headline New Fintech.tv Series Riding Bulls and Taming Bears Led by David Stryzewski New York, NY / Access Newswire / August 25, 2025 / Fintech.tv has unveiled the debut of Bulls and Taming Bears, a series focused on market analysis and…

    August 28, 2025

    Steve Forbes and Peter Schiff Launch New Fintech.tv Series “Conquering Market Fluctuations” by David Stryzewski – Azentral | The Republic of Arizona

    August 28, 2025

    Updates on Blockchain, Fintech, and Finance from Coinlaw

    August 26, 2025

    The German Finch grape addresses LMA issues following the bafin correction order.

    August 26, 2025
  • Rumors

    Biden 2.0 Rising? Trump’s brief attack seeks to dispel health rumors, while the far right suggests that issues are evident.

    September 5, 2025

    Golden State Warriors aim to gain $40 million from Chicago Bulls star in Jonathan Kuminga sign-and-trade deal

    September 2, 2025

    Exclusive: IQSTEL Télécom -Fininch secures $35 million in July – IQSTEL (NASDAQ: IQST)

    August 28, 2025

    Zim discusses market speculation about a possible acquisition.

    August 27, 2025

    Is Ripple truly collaborating with a Swiss bank on digital identity?

    August 26, 2025
  • Startups

    IRDAI reinforces stance: fintechs backed by venture capital are ineligible for insurance licenses.

    September 4, 2025

    Amazon finalizes the purchase of the fintech company Axio.

    September 4, 2025

    Fintech Venture Builder OT09 Revealed After Stealth Mode

    September 3, 2025

    Startup Fintech Wych secures $1.5 million to pursue its open banking initiative.

    September 3, 2025

    German fintech Tangany secures 10 million euros for blockchain digital asset custody

    September 2, 2025
  • finjobsly
fintechbits
Home » What Makes Nu Holdings Ltd. (NU) One of the Best Fintech Stocks to Buy Now?
Breaking News

What Makes Nu Holdings Ltd. (NU) One of the Best Fintech Stocks to Buy Now?

6 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
3e6737a09ed1e20ab44c649751392f5b.jpeg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

We recently compiled a list of Top 10 Fintech Stocks to Buy NowIn this article, we will look at how Nu Holdings Ltd. (NYSE:NU) stands relative to other fintech stocks. If you are interested, you can also read our article on the The 12 Best Financial and Fintech ETFs to Buy.

Fintech services have become an integral part of our lives in recent years, transforming the financial sector in a big way. Consumers no longer need to queue up at banks to get their statements, make money transfers or carry heavy wallets to pay for groceries in cash only. Mobile banking, credit cards and digital wallets have revolutionized the way people manage their finances.

Global FinTech Sector

According to a report released last May by the Boston Consulting Group (BCG), the fintech sector is expected to grow more than six times to reach a size of $1.5 trillion by 2030, from its current level of $245 billion. The sector’s share of the financial services sector is also expected to increase from 2% to 7% during this period, with Asia-Pacific set to overtake the US to become the world’s largest fintech market.

The fintech sector in Asia Pacific is expected to grow by 27% by then, with China, India and Indonesia being the main drivers of this growth due to their large numbers of unbanked people and the large number of small businesses present in these countries. However, North America, and in particular the United States, will continue to be a key market and lead innovation in the sector. The market is also expected to see significant growth in emerging economies in Latin America and Africa.

That said, even though the market is expected to grow in the coming years, 2023 has been a tough year compared to the boom of previous years. According to KPMG, this is the slowest year for the global fintech sector since 2017, with around $114 billion Investors are becoming increasingly cautious about spending, financial experts say, due to high inflation and ongoing military conflicts in Ukraine and the Middle East.

The decline in fintech investment was seen across multiple regions, with Asia Pacific seeing the largest decline, from $51 billion in 2022 to just under $11 billion in 2023. Investment also halved in Europe, the Middle East and Africa, from $49.6 billion to $24.5 billion. In the Americas, investment slowed by 22% over the period. For 2024, US rating agency Fitch Ratings sees mixed results for fintech companies in North America and Europe, with revenue growth expected but EBITDA margins likely to remain weak.

The Rise of Generation AI in Fintech

Generative AI, or Gen AI, has taken much of the global financial services industry by storm. According to McKinsey, the technology is expected to add $200 billion to $340 billion to the market in the coming years. Fintech companies are actively following the trend and ensuring they adapt to the capabilities and risks of Gen AI. Between 2022 and 2023, the share of fintech companies that have enhanced their AI capabilities increased from 30% to 70%. On the other hand, about 90% of fintech companies surveyed by McKinsey in March this year reported having implemented centralized Gen AI functions. According to experts, the use of this technology is poised to make fintech companies more agile and efficient in the coming years.

Methodology

Insider Monkey’s database of 920 hedge funds was rated for Q1 2024. We chose the 10 best fintech stocks to buy now based on hedge fund sentiment toward each stock. Stocks are ranked in ascending order of hedge fund holders in each company.

Why do we care about the stocks that hedge funds are heavily invested in? The reason is simple: Our research has shown that we can outperform the market by mimicking the best stock picks of the best hedge funds. Our quarterly newsletter strategy selects 14 small- and large-cap stocks each quarter and has returned 275% since May 2014, outperforming its benchmark by 150 percentage points (see more details here).

Wide angle shot of a team of bankers and financial advisors evaluating an investment portfolio on a touch screen.

Nu Holdings Ltd. (NYSE:NU)

Number of hedge fund holders: 63

In the first quarter of 2024, 63 hedge funds were bullish on Nu Holdings Ltd. (NYSE: NU), up from 50 in the third quarter and 54 in the fourth quarter of 2023. The Brazil-based digital banking company provides financial services in several countries, including Brazil, Mexico and Colombia.

Nu Holdings Ltd. (NYSE: NU) is among the most promising stocks to buy right now across various sectors, with its share price up 40% over the past year and now three times its value in January 2023. According to NASDAQ, one of the main reasons for this growth is that the company has consistently increased its net income in each of the last five quarters.

Baron FinTech Fund said the following regarding Nu Holdings Ltd. (NYSE:NU) in its Q1 2024 Investor Letter:

Nu Holdings Ltd. (NYSE: NU) is a digital bank with operations in Brazil, Mexico, and Colombia. Shares rose in the quarter after the company reported strong balance sheet growth and improving margins. New product launches and expansion into new countries are providing favorable results. Nu also benefited from its inclusion in the MSCI Brazil Index, which prompted passive funds to buy. We continue to own the stock as Nu is disrupting the financial services industry in Latin America with its digital distribution and focus on user experience. The company has grown to serve more than 90 million customers in less than 10 years, largely through word-of-mouth. We believe the company’s superior product offering will drive continued share gains in large and growing markets.

Overall NU ranks 8th on our list of the best fintech stocks to buy. You can visit Top 10 Fintech Stocks to Buy Now to see other fintech stocks that are on hedge funds’ radar. While we recognize NU’s potential as an investment, our conviction lies in the belief that AI stocks have more promise to deliver higher returns, and in a shorter time frame. If you’re looking for an AI stock that has more promise than NU but is trading at less than 5x earnings, check out our report on the the cheapest AI stock.

READ NEXT: Analyst Sees New $25 Billion ‘Opportunity’ for NVIDIA And Jim Cramer Recommends These 10 Stocks in June.

Disclosure: None. This article was originally published on Insider Monkey.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Klarna IPO Valuation Analysis in the US Banking Sector

September 2, 2025

Robinhood’s IA Investing Tool Digests Launches in the UK

August 27, 2025

JMJ Fintech experiences fluctuations despite robust recent financial results and growth strategies

August 16, 2025
Leave A Reply Cancel Reply

Latest news

Weak guidance reveals a setback in AI adoption within Salesforce, leading to a decline in stock after hours, as monetization of AI is progressing slower than anticipated. Here’s the latest update from 24 hours ago.

September 5, 2025

Overview of the Size, Trends, Growth Drivers, and Key Players in India’s Fintech Sector

September 5, 2025

Biden 2.0 Rising? Trump’s brief attack seeks to dispel health rumors, while the far right suggests that issues are evident.

September 5, 2025
News
  • AI in Finance (1,579)
  • Breaking News (166)
  • Corporate Acquisitions (70)
  • Industry Trends (200)
  • Jobs Market News (305)
  • Market Insights (208)
  • Market Rumors (268)
  • Regulatory Updates (164)
  • Startup News (1,033)
  • Technology Innovations (170)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,579)
  • Breaking News (166)
  • Corporate Acquisitions (70)
  • Industry Trends (200)
  • Jobs Market News (305)
  • Market Insights (208)
  • Market Rumors (268)
  • Regulatory Updates (164)
  • Startup News (1,033)
  • Technology Innovations (170)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.