Numis at a glance

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Nu Holdings Ltd Initial Public Offering

Numis advises Nu Holdings Ltd. on its IPO on the New York Stock Exchange - Numis’ first US IPO mandate

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IPO priced at the top of the range and was multiple times oversubscribed 

Strong aftermarket despite volatile markets

Co-Manager mandate on the IPO underlines Numis’ global credentials following a successful 2021 in international capital markets

Last week saw Nu Holdings Ltd. (Nu) raise primary proceeds of $2.6bn* on its IPO on the New York Stock Exchange, valuing the company at $41.5bn*. Having only launched in 2013, when it was the first digital-native banking platform in Latin America, Nu has grown to become one of the largest digital banking and leading technology companies in the world, with 48.1 million customers across Brazil, Mexico and Colombia. That growth looks set to continue as Nu continues to add more consumers and more SME customers year on year.

*Before Greenshoe

The transaction was also a significant milestone for Numis, being our first US IPO. Our team leveraged our global relationships and introduced several new investors. 
The deal reaffirms Numis’ successful strategy of partnering with some of the best disruptive companies globally and rounds-off a very successful 2021 in terms of international IPOs – including, Germany’s Auto1 Group and About You in Frankfurt; Sweden’s Truecaller in Stockholm; Poland’s Grupa Pracuj in Warsaw; and Israel’s TerminalX in Tel Aviv.

“David Vélez and the team at Nu have achieved incredible things since the company was founded in 2013. This is a landmark transaction for Numis, being our first role on a US IPO and it further endorses our strategy of partnering with the some of the best growth companies globally and our excellent capabilities across different international markets. We’re very proud to be a part of the deal and we look forward to supporting the company as it continues to deliver on its ambitious growth plans.”

Alex Ham and Ross Mitchinson Co-Chief Executive Officers

The Numis deal team was led by Alex Ham, Numis Co-CEO and John Stocks, Head of US Investment Banking.

For more information, please contact your Numis representative.

 

Note:
Nu Holdings Ltd. (the “Issuer”) has filed a registration statement (and a prospectus) with the Securities and Exchange Commission (the “SEC”) for the offering to which this communication relates, which has become effective by rule of the SEC. Before you invest, you should read the prospectus for more complete information about the Issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov.
This communication shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities law of any such state or jurisdiction.

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