Rate Of Return$NU Holdings(NU.US) Nu Holdings reported record first-quarter revenue of $5 billion and record net income of $871 million, with customer growth and ARPAC expansion continuing to drive earnings power. The company said its customer base surpassed 135 million, including 115 million in Brazil and 15 million in Mexico, while monthly activity remained strong at 83%. Besides, Nu announced that they are going to rebuild AI around banking, targeting US customer base as the trial target group. However, this earnings was not good enough for Wall Street given how weak the FinTech sector is right now. Regardless, I believe Nu is currently undervalued and is way below analysts targeted price and hence will be adding some more shares. @Bridge Buzz SG
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