Today: 19 July 2026
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NYSE:NU 17 June 2026 - 18 July 2026

Nu Holdings gets Mexico bank license, putting attention on deposit base

Nu Holdings gets Mexico bank license, putting attention on deposit base

Nu Holdings Ltd. is close to wrapping up its conversion to a Mexican bank, with a funding base that goes deeper than customer numbers suggest. Mexico had more than $5.9 billion in deposits as of the end of March, making up about 14% of the group’s deposits, while its 15 million-plus customers were about 11% of Nu’s global total. The main question now is whether these deposit levels can help the new banking license generate more profit.
15 July 2026
Nu Holdings Bags Mexico Bank Win, Quietly Expands Deposit Cover 16x

Nu Holdings Bags Mexico Bank Win, Quietly Expands Deposit Cover 16x

Nu Holdings Ltd. shares dipped 0.4% to $13.71 ahead of the bell Monday. Investors gave only a muted reaction after the company secured final sign-off for its unit in Mexico to run as a bank. The bigger impact could be behind the scenes, with legal protection on customer deposits set to jump sixteen times once the switch goes through.
13 July 2026
Nu Holdings (NYSE:NU) buyback seen as limited against $2.8B in shares traded during holiday week

Nu Holdings (NYSE:NU) buyback seen as limited against $2.8B in shares traded during holiday week

Nu Holdings Ltd. comes into Monday trading with the board-approved $1 billion buyback in focus, as investors weigh if the move means much while daily turnover easily tops that figure over a handful of sessions. The New York Stock Exchange’s website shows July 3 as the observed holiday for Independence Day in 2026, so Thursday’s close is the last U.S. print for NU before markets reopen after the break next week.
3 July 2026
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