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Nu Holdings profit rises to $1.09 billion in third quarter

Nu Holdings posted a third-quarter profit of $1.09 billion, up from $782.7 million a year earlier, as revenue climbed and the Brazilian fintech continued expanding across Latin America and into new markets.

Nu Holdings profit rises to $1.09 billion in third quarter

Revenue increased to $5.82 billion from $4.17 billion in the same period a year ago. Earnings were 22.35 cents a share, compared with 15.95 cents a share a year earlier. Adjusted net interest income was $3.9 billion, with a net interest margin of 22.5%.

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