Nu Holdings targets 70% TAM for Brazil payroll loans amid $28.9B deposit growth

Earnings Call Insights: Nu Holdings Ltd. (NYSE:NU) Q4 2024

Management View

• CEO David Velez highlighted that Nu Holdings now serves over 114 million customers, with 20.4 million net additions in 2024. The active customer base grew 22% year-over-year to nearly 95 million. In Brazil, the