nubank
Brazilian fintech Nubank raised $2.6 billion in its IPO and managed to get more than 800,000 investors. Based on the listing price, Nubank has a market value of $41 billion on outstanding shares listed in the U.S. Securities and Exchange Commission. Q3 2021 hedge fund letters, conferences and more Nubank IPOAs reported by CNBC, Nubank stock began trading at $11.25 a share under the ticker symbol “NU”, higher than Wednesday’s IPO price of $9 apiece. Taking into account employee stock options and restricted stock units, Nubank has a fully diluted value of $44 billion. Further, the largest fintec...
ValueWalk
When you do your banking, do you do it in a building where you need to line up in a queue to talk to someone behind a window, or do you do it all on your phone, wherever and whenever you like? Q3 2021 hedge fund letters, conferences and more Three quarters of us now use banking apps for our everyday money tasks, a shift to the digital world that has been accelerated by the pandemic when banks had to close along with everywhere else. More than 90% of people over 60 used online banking for the first time during the pandemic. In 2022 the number of Americans using digital banking is expected to br...
ValueWalk
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