20 Best Fintech Stocks to Buy According to Billionaires

Page 15 of 19

5. Nu Holdings Ltd. (NYSE:NU)

Number of Billionaire Investors: 17

Number of Hedge Fund Holders: 79

Nu Holdings Ltd. (NYSE:NU) is a Brazilian fintech company that operates a digital banking platform. With its fully digital model, the company offers a wide range of financial services and serves over 100 million customers in Brazil, Mexico, and Colombia. Nu Holdings Ltd. (NYSE:NU) is one of the best fintech stocks to invest in. The company continues to launch various innovative products and increase its customer base in the markets where it operates. In January 2025, Nu Holdings Ltd. (NYSE:NU) reported that it achieved 10 million customers in Mexico.

On February 25, Morgan Stanley analyst Jorge Kuri maintained a “Buy” rating on Nu Holdings Ltd. (NYSE:NU) with a price target of $18. The analyst highlighted the company’s strong growth potential driven by robust growth in Brazil’s credit card portfolio, significant net customer additions, and high engagement among affluent clients. The analyst also noted that the company’s unsecured and secured loan segments are performing well. Nu Holdings Ltd. (NYSE:NU) expects secured loans will grow their share of the credit book and this is expected to improve net interest margin (NIM) and return on equity (ROE). Additionally, adjustments for accounting technicalities suggest that the revenue yield for the credit card business is more attractive than it was previously anticipated.

Page 15 of 19