10 Best Performing Fintech Stocks to Buy According to Analysts

4. Nu Holdings Ltd. (NYSE:NU)

Year-to-Date Performance: 8.00%

Average Price Target Upside Potential According to Analysts: 28.48%

Number of Hedge Fund Holders: 79

Nu Holdings Ltd. (NYSE:NU) is a Brazilian fintech and digital banking company. Through its digital financial services platform, the company serves more than 110 million customers in Brazil, Mexico, and Colombia. The company has a fully digital model and it offers innovative financial products and services by leveraging data and proprietary technology. Nu Holdings Ltd. (NYSE:NU) ranks among the best-performing stocks in the fintech sector.

Baron Funds, an investment management company, has a positive outlook on Nu Holdings Ltd. (NYSE:NU). In its “Baron FinTech Fund” Q4 2024 investor letter, the investment management firm expressed confidence in Nu Holdings Ltd.’s (NYSE:NU) growth prospects and noted that the company is addressing key issues faced by banking customers in Latin America, including high fees, poor customer service, and limited access to financial products. Baron Funds believes that Nu Holdings Ltd.’s (NYSE:NU) superior offerings will lead to continued gains in market share.

The company continues to expand its product portfolio and attract new customers in the markets where it operates. In January 2025, Nu Holdings Ltd. (NYSE:NU) announced that it reached 10 million customers in Mexico. The company’s digital model combined with innovative offerings has helped it double its customer base in the country over the past year.