Nu Holdings Shares Rise as New Customers Drive 2Q Revenue Growth

Dow Jones

Aug 15, 2025

By Adriano Marchese

Nu Holdings shares rose in premarket trading Friday after the company reported strong revenue growth and new customer growth in the second quarter.

Shares traded 10% higher ahead of the morning bell at $13.25.

The Brazil-based fintech company said late Thursday that it had onboarded 4.1 million new customers in the period, which represented a 17% increase year-over-year, taking the new total to 123 million.

This supported revenue growth of 40% year-over-year to $3.7 billion, topping Wall Street forecasts, which had expected more modest increase to $3.2 billion, according to FactSet.

Net Income increased to $637 million, compared with $487.3 million the prior year.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

August 15, 2025 06:41 ET (10:41 GMT)

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