Nu and Mercedes-AMG PETRONAS F1 Team Announce Multi-Year Global Partnership
Nu (
NYSE:NU), one of the world’s largest digital financial services platforms, and the Mercedes-AMG PETRONAS F1 Team today announce a new multi-year partnership establishing Nu as Official Team Partner, ahead of the 2026 FIA Formula One World Championship Season.
S&P Assigns Nu BB- International Rating, Highlights Strong Growth and Better Efficiency
S&P Global Ratings assigned a BB- international rating to Nu Financeira and Nu Holdings. The main drivers for the decision were the growth prospects supported by an expanding customer base (85 million customers in Latin America as of July 2023), the company’s solid capital structure (Basel Index of 20.2% in Brazil in Q2’23), and efficiency rate.
