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Top News In Nubank Class Today - Breaking & Trending Today

Nubank Shares Fall After CEO David Velez Trims Stake

(Bloomberg) Shares of Nu Holdings Ltd., the world’s biggest standalone digital bank, tumbled Thursday after co-founder and chief executive officer David Velez sold a part of his stake in the Brazil-based firm.Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateFed Saw ‘Significant’ Inflation Risk That May Merit More HikesNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysKen Griffin Reshaped Law Banning Chinese Real Estate PurchasesGlobal Yields Rea ....

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Nubank's Billionaire CEO Velez Sells $191 Million Stake in Firm

(Bloomberg) The billionaire co-founder of Nu Holdings Ltd., the world’s biggest standalone digital bank, sold shares in the company for the first time since its 2021 IPO, raising about $191 million. Most Read from BloombergFed Saw ‘Significant’ Inflation Risk That May Merit More HikesGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersStocks, Bonds Fall as Rate Hikes Left on the Table: Markets WrapHigh-Potency Pot Market Worth Billions Draws Regulator ScrutinyChina Shadow Bank Misse ....

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Sky-high interest rates: Latin America's fintech shakeout sees loans surging to 790%

Latin America s fintech sector is undergoing a significant shakeout as economic challenges threaten startups stability. Amidst this, Nubank stands out with over 85 million customers and surging stock, while others face mergers, closures, and workforce reductions. ....

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S|W: The SaaS Weekly – OpenText's acquisition of Micro Focus spurs IP and patent questions

OpenText's acquisition of Micro Focus spurs IP and patent questions, plus Solink secures $60M to scale cloud-based video surveillance service. ....

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F|T: The FinTech Times – Stripe to power Shopify's new business credit card

This week in FinTech: Stripe to power Shopify's new business credit card, plus how the partnership between Apple and Goldman Sachs soured. ....

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