Hello Global Investors,
Today we’ll be taking a look at one of the most hyped up IPOs in Latin America’s history: Nubank. Amidst one of the most bipolarized discussions on valuation Nubank IPOed in 09/12/2021 and became the most valuable bank in Latin America at some point. Some say that Nubank is not even a bank and others say that it is much more than a bank.
To settle all doubts you might have on the purple fintech, I’ll be tackling all sectors, in a 2 part series, from History to Valuation. This will be an exclusive article to paid members of The Global Investor (as the most will be). If you're interested in getting access to this article and many other - besides supporting my work - consider checking it out the paid version:
Before we start, brief disclaimer: I am not an analyst of any asset and this piece is not investment advice of any kind. The article’s goal is to be instructive in educational purposes and must never be interpreted as a call for a buy or sell of any stock. If you do your own due diligence, you’ll live happily ever after!
Now let’s go