Nu's Global Strategy Takes Shape: Can Cross-Border Banking Add Growth?

Nu Holdings is expanding its cross-border banking services through Nu Global, which reaches 35+ countries and targets the $800 billion international money transfer market. With 139 million customers and $1 billion in quarterly net income achieved for the first time in Q2 2026, Nu is positioning itself to deepen relationships across Brazil, Colombia, Mexico, and the U.S. However, execution risks remain as the company invests heavily in international expansion with expected gradual growth timelines.