Nu Holdings acquisitions, on the record

Word for word“In June 2021, we acquired the online broker Easynvest.” 20-F for 2023

Word for word“In January 2022, we acquired Olivia, a U.S.-based data company with subsidiaries in Brazil and specializing in applying machine learning and artificial intelligence solutions to retail banking, which we believe is further strengthening our open banking initiatives.” 20-F for 2023

Word for word“In October 2021, we acquired Spin Pay, a Brazilian payments platform that has pioneered the development of instant payment solutions for online and offline merchants via PIX.” 20-F for 2023

Word for word“In July 2021, we acquired certain assets of and hired a group of employees from Juntos, a conversational account management platform for two-way messaging customer interaction through mobile interfaces (WhatsApp, SMS and in-app chat), further strengthening our capabilities to foster strong customer engagement and product cross-selling in a hyper-scalable manner.” 20-F for 2023

Word for word“In September 2021, we purchased 100% of Akala, a financial cooperative association based in Mexico and involved in fundraising and providing financial services.” 20-F for 2023

Word for word“In August 2020, we acquired Nu North America Inc. (formerly Cognitect), a U.S.-based consultancy that developed the Clojure programming language and Datomic database, which we leverage for our efficient codebase and immutable database.” 20-F for 2023

Word for word“In July 2024, we completed the acquisition of Hyperplane, a U.S.-based AI platform specializing in enabling financial institutions to launch personalized customer experiences through foundation models, which we believe will accelerate Nu's AI development across products.” 20-F for 2024