5 Best Fintech Stocks to Invest In According to Billionaires

3. Nu Holdings Ltd. (NYSE:NU)

Number of Billionaire Investors: 29

Nu Holdings Ltd. (NYSE:NU) is one of the best fintech stocks to invest in according to billionaires. On April 15, Nu Holdings Ltd. (NYSE:NU) reported that it has reached more than 15 million customers in Mexico.

This milestone makes it one of the three largest financial institutions in Mexico by number of users. According to the report by Nu Holdings Ltd. (NYSE:NU), the customer base in Mexico grew 36% compared to the previous year. In Mexico, the company is following the same success of its operations in Brazil, but at an even faster rate, setting a new standard for the regional financial industry.

Earlier, on March 22, Morgan Stanley said that Nu Holdings Ltd. (NYSE:NU) is “uniquely positioned” to become one of the biggest and most valuable banking businesses in Latin America.

The research firm noted that Nu Holdings Ltd. (NYSE:NU) has “world-class technology, exceptional customer satisfaction, market-leading pricing, and strong unit economics.” Morgan Stanley believes that investors are significantly underestimating the company’s ability to grow profitably. According to the firm, Nu Holdings Ltd. (NYSE:NU) could reach a valuation of $100 billion by the end of 2026, up from around $70 billion today.

Nu Holdings Ltd. (NYSE:NU) is a financial technology company that operates a digital banking platform. The company has a fully digital model and offers a wide range of financial services to customers in Brazil, Mexico, and Colombia.