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Why Nu Holdings Surged 8 7% Higher Today

The Brazil-based digital bank made some executive appointments that garnered a favorable response from the market

Brazil s Nubank targets over $50bn valuation in U S IPO

Online lender Nubank is targeting a valuation of over $50 billion for its initial public offering in the United States, which would make it more valuable than Brazil's largest traditional lender Itau Unibanco Holding SA . The Sao Paulo-based fintech, which was last valued at $30 billion after a funding round led by Warren Buffett's Berkshire Hathaway, is expected to list its

Cristina Junqueira is the new CEO of Nubank in Brazil

Cristina Junqueira is the new CEO of Nubank in Brazil
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