3DΒ·

Nu Holdings vs MercadoPago - Active users πŸ’³

The development of active users of Nu Holdings
$NU (+1.33%) and MercadoPago
$MELI (+1.35%) in the period from Q1 2023 to Q3 2024.

During this period, Nu Holdings recorded an increase monthly active customers of 36 million to 56 millionwhich corresponds to growth of 41.29 % (CAGR: 25.84 %).

MercadoPago grew from 64.9 million to 91.7 million active users, an overall growth of 55.56 % (CAGR: 34.14 %). Despite the lower percentage growth at Nu Holdings remains MercadoPago remains the leader in the number of active users.

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8 Comments

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The graphic and the figures in your text do not match
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I'm pretty happy with MercadoLibre. For me, it's a much more broadly diversified Latin American investment through e-commerce and fintech. And the performance is also very strong.
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But why a comparison between banking and retail? Oh, and why MercadoPago? Did I miss something in the name? πŸ˜…
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Anyway, both in the depot πŸ€πŸΌπŸ˜…
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