Nu Holdings / NuBank 2021
NYSE acquired Nu Holdings for $2.6B on December 8, 2021.
- Target
- Nu Holdings
- Acquirer
- NYSE
- Deal value
- $2.6B
- Announced
- December 8, 2021
- Sub-sector
- Neobank
Transaction overview
- NYSE announced the acquisition of Nu Holdings on December 8, 2021 for $2.6B.
- The deal is expected to close pending customary conditions.
Strategic rationale
Largest digital bank by member accounts achieved public market listing, raising $2.6B and establishing $52B market cap valuation.
Deal terms & multiples
Frequently asked questions
How much did NYSE pay for Nu Holdings?
NYSE acquired Nu Holdings for $2.6B, announced on December 8, 2021.
When did NYSE announce the acquisition of Nu Holdings?
NYSE announced the acquisition of Nu Holdings on December 8, 2021.
What sub-sector is Nu Holdings in?
Nu Holdings is tracked in the Neobank sub-sector.
Sources
- safehaven.com /news/Breaking-News/Fintech-Valuations-Have-Grown-Red-Hot.html