ipo-show-hero.webp

Initial Public Offering

Get ready to trade it

Nu Holdings Ltd

Nu Holdings Trading - Nu Holdings Live Price & Charts at CAPEX.com

5m
15m
30m
1h
4h
1d
1w

Past performance is not a guarantee or prediction of future performance.

Nu Holdings Trading online at CAPEX.com. Trade Nu Holdings CFDs with live News, Price & Analysis Charts and quotes.

NaN

General info on NU

About the company

Name

NU

Industry

Digital banking

Employees

3,700+

Founding year

2013

Ticker

NU

Filing Information

IPO file date

30/11/2021

No. of shares

289,150,555

Price

$8 - $9

Exchange

NYSE

Bookrunners

Morgan Stanley, Goldman Sachs, Citigroup, HSBC, UBS Investment Bank

IPO Details

About NU Holdings

NU Holdings (Nubank) is the largest digital bank in the world by the number of customers (over 48 million), with an average of 40,000 new accounts being opened each day.

The company offering digital credit cards, transfers, and payments was founded in 2013 by Colombian David Vélez, Brazilian Cristina Junqueira and American Edward Wible and is headquartered in Sao Paolo, Brazil. Apart from serving clients in Brazil, Nubank also has operations in Colombia and Mexico.

Some of Nubank's investors are Sequoia Capital, Founders Fund, Kaszek Ventures, Tiger Global Management, Goldman Sachs, QED Investors and DST Global. Berkshire Hathaway, Warren Buffett’s company, also owns a $500 million stake in Nubank.

Nubank is considered one of the top 100 most influential companies globally by TIME magazine and one of 50 names in CNBC's 2021 Disruptor list.

The first transaction with a Nubank card was made on April 1, 2014. Four years later, Nubank became a unicorn startup with a valuation of more than US$1 billion. In the same year, Nubank launched its first financial product, an international Mastercard credit card that can be managed through a mobile app.

In 2017, Nubank launched its loyalty program, Nubank Rewards, followed by its digital account, NuConta. In 2020, Nubank bought Plataformatec, a company specialising in software engineering, and Easyinvest, a Brazilian investment broker.

IPO figures

The startup hopes to raise up to $2.86 billion through its initial public offering. NU Holdings plans to sell more than 289 million shares priced between $8 - $9 apiece, with the option for underwriters to buy 43.37 million additional shares.

Valuation

Nubank is valued at around $30 billion, second only to UK challenger bank Revolut. NU Holdings market valuation could exceed $40 billion based on the number of outstanding shares.

Basic info about NU Holdings

  • Upon IPO, NU Holdings could become the number one fintech company, surpassing Revolut.
  • Warren Buffett’s Berkshire Hathaway owns a $500M stake in NU Holdings.
  • Financial Times estimated the company’s value at approx. $30 billion.

 

Sources: cnbc.com, investors.com, marketwatch.com, sec.gov, techcrunch.com, reuters.com, ft.com

Summary

Ticker

NU

Price

$8 - $9

Exchange

NYSE

Bookrunners

Morgan Stanley, Goldman Sachs, Citigroup, HSBC, UBS Investment Bank

Key Points

Get a quick overview of the essential figures for NU IPONU

Targeted valuation

up to $41.7 BLN

Revenue growth in 2021

88%

Total number of customers

48.1m

Trade
NU

Open Account

NU Trading online at CAPEX.com. Trade NU CFDs with live News, Price & Analysis Charts and quotes.

Sneak peek NU IPO Sneak peek
See why traders seek and cherish IPOs

Status:

Available

IPO Date

9/12/2021

Price

$8 - $9

Previous IPOs

see a track record of the most significant IPOs of the past

Most anticipated IPOs of 2022

Stay up-to-date with the most exciting companies going public

Trade IPOs your way through our award-winning trading platforms

We know you need robust and modern platforms to achieve your full potential, so we created two trading platforms designed to enhance your financial markets experience.

CAPEX WebTrader

Advanced charts

Customizable layouts

Trading Central

User-friendly interface

Risk management tools

Sophisticated analysis tools

Intuitive navigation interface

Key Statistics

Platforms
Platforms

MetaTrader 5

30 built-in indicators

9 timeframes

Access to 2,000 free custom indicators

Customizable tools

Easy access control panels

Instant Execution

Intuitive navigation interface

Multi-window views