Nu Holdings Ltd. Statement Regarding Media Reports

Investment decisions weigh expected returns against Nu's cost of capital and long-term value creation per share.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

GRAND CAYMAN, Cayman Islands--(BUSINESS WIRE)-- Nu Holdings Ltd. (NYSE: NU) ("Nu" or the "Company") refers to recent media reports regarding a potential transaction. As a matter of general practice, the Company does not comment on specific opportunities. However, given the extent of recent media speculation, the Company is providing this clarification: while we have a great deal of respect for Monzo, the Company is not pursuing a transaction with Monzo.

In the normal course of business, Nu regularly evaluates opportunities that could support its growth and long-term objectives, including partnerships, investments and acquisitions.

Nu is highly confident and focused on its strategic priorities: deepening its position in Brazil, scaling its businesses in Mexico and Colombia, and building its presence in the United States and around the world through Nu Global.

Nu's capital allocation framework is unchanged. Investment decisions are based on strategic fit, expected returns relative to the Company's cost of capital, long-term value creation per share, and the management and financial resources required to execute the Company's priorities.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260930863147/en/

Media Relations
press@nubank.com.br

Source: Nu Holdings Ltd.

Key Terms

cost of capital financial

The cost of capital is the average price a company pays to get money, whether by borrowing or selling shares, to run the business and fund projects. It matters to investors because it acts like a minimum hurdle: investments must deliver returns higher than this price to create value for shareholders, so comparing expected returns to the cost of capital helps judge whether growth plans will likely boost or reduce share value.

View in glossary