Nubank, one of the world's fastest-growing digital lenders, is set to expand beyond Brazil, Mexico, and Colombia, with an announcement expected later this year, according to Jorg Friedemann, the company's investor relations director. The fintech giant, listed on the NYSE under Nu Holdings (NYSE:NU), reported an 87% surge in adjusted net profit for Q4, reaching $610 million—surpassing analysts' expectations of $567 million.
Despite the strong earnings, Nubank’s shares fell about 6% in after-hours trading, settling at $12.55. Investors reacted to revenue figures, which, although up 50% year-over-year to $2.99 billion, missed the $3.29 billion forecast. Analysts at Citi noted a slowdown in revenue growth and reductions in certain financial provisions.
The company’s customer base grew 22% year-over-year, surpassing 114 million by the end of December. CEO David Velez recently hinted at potential expansion into deregulated U.S. banking markets, while dismissing Europe as a priority.
Friedemann emphasized that 2025 will be a foundational year for Nubank’s evolution into a global technology-driven financial firm. However, with shares declining despite impressive profit growth, investors are watching closely for more details on the company’s next move.


Treasury Wine Estates Shares Plunge on Earnings Warning Amid U.S. and China Weakness
Trump Sues BBC for Defamation Over Edited Capitol Riot Speech Clip
Blackstone Leads $400 Million Funding Round in Cyera at $9 Billion Valuation
Robinhood Expands Sports Event Contracts With Player Performance Wagers
MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership
noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking.
United Airlines Tokyo-Bound Flight Returns to Dulles After Engine Failure
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation
Ford Takes $19.5 Billion Charge as EV Strategy Shifts Toward Hybrids
FDA Says No Black Box Warning Planned for COVID-19 Vaccines Despite Safety Debate
Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market
SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles
Fortescue Expands Copper Portfolio With Full Takeover of Alta Copper
iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures 



