Nubank vs Apollo
Nubank and Apollo Asset Management Inc are compared here to show how their business models, financial performance, and market context differ and align, presented in neutral, accessible language for readers seeking clarity. Educational content, not financial advice.
Nubank and Apollo Asset Management Inc are compared here to show how their business models, financial performance, and market context differ and align, presented in neutral, accessible language for re...
Why It's Moving
Nu Holdings Posts Record Q3 Revenue and Customer Growth, Driving Investor Optimism
- Reported Q3’25 revenues surged 39% year-over-year on a foreign exchange neutral basis, reaching a record $4.2 billion, signaling strong demand and market penetration.
- Customer base expanded to 127 million with over 4 million net additions in the quarter, alongside an impressive monthly activity rate above 83%, underscoring high user engagement.
- Net income increased 39% YoY FXN to $783 million with adjusted net income at $829 million, complemented by an improved efficiency ratio of 27.7%, reflecting scalable profitability.
Apollo Asset Management Posts Strong Q3 with Record Deployments and Earnings Growth
- Achieved 22% year-over-year growth in management fees driven by third-party asset inflows and record gross capital deployment of $22 billion, signaling strong client demand across credit and private equity sectors.
- Experienced robust capital solutions fees at $212 million, marking the second strongest quarter on record, boosted by diversified origination capabilities including value-oriented equity and climate transition investments.
- Reported a blended net spread on externals of 121 basis points and sustained growth in fee-related performance fees, reflecting effective management of asset rolloff and new business expansion.
- Apollo CEO Marc Rowan’s upcoming participation in the Goldman Sachs 2025 US Financial Services Conference underscores the firm’s commitment to transparency and investor engagement amid continued growth.
Nu Holdings Posts Record Q3 Revenue and Customer Growth, Driving Investor Optimism
- Reported Q3’25 revenues surged 39% year-over-year on a foreign exchange neutral basis, reaching a record $4.2 billion, signaling strong demand and market penetration.
- Customer base expanded to 127 million with over 4 million net additions in the quarter, alongside an impressive monthly activity rate above 83%, underscoring high user engagement.
- Net income increased 39% YoY FXN to $783 million with adjusted net income at $829 million, complemented by an improved efficiency ratio of 27.7%, reflecting scalable profitability.
Apollo Asset Management Posts Strong Q3 with Record Deployments and Earnings Growth
- Achieved 22% year-over-year growth in management fees driven by third-party asset inflows and record gross capital deployment of $22 billion, signaling strong client demand across credit and private equity sectors.
- Experienced robust capital solutions fees at $212 million, marking the second strongest quarter on record, boosted by diversified origination capabilities including value-oriented equity and climate transition investments.
- Reported a blended net spread on externals of 121 basis points and sustained growth in fee-related performance fees, reflecting effective management of asset rolloff and new business expansion.
- Apollo CEO Marc Rowan’s upcoming participation in the Goldman Sachs 2025 US Financial Services Conference underscores the firm’s commitment to transparency and investor engagement amid continued growth.
Which Baskets Do They Appear In?
Brazil Consumer Trends | Global Brand Opportunities
As Brazil's middle class expands and adopts digital commerce, new opportunities may arise within the local economy. This basket contains US and EU-listed companies, including major consumer brands and technology firms, that are deeply integrated into this growth.
Published: October 15, 2025
Explore BasketBrazil Digital Economy: What's Next for Investors?
Brazil's rapid adoption of digital payments and e-commerce presents a significant economic transformation for its citizens and businesses. This basket offers exposure to this growth through global technology companies that provide essential digital infrastructure, payment systems, and cloud services in Brazil.
Published: October 10, 2025
Explore BasketBrazil Digital Banking: Could Infrastructure Stocks Win?
As more Brazilians turn to digital platforms for managing their wealth, the demand for sophisticated financial technology is growing. This basket offers exposure to US and EU-listed companies providing the critical software, payment systems, and market infrastructure powering this shift.
Published: October 9, 2025
Explore BasketWhich Baskets Do They Appear In?
Brazil Consumer Trends | Global Brand Opportunities
As Brazil's middle class expands and adopts digital commerce, new opportunities may arise within the local economy. This basket contains US and EU-listed companies, including major consumer brands and technology firms, that are deeply integrated into this growth.
Published: October 15, 2025
Explore BasketBrazil Digital Economy: What's Next for Investors?
Brazil's rapid adoption of digital payments and e-commerce presents a significant economic transformation for its citizens and businesses. This basket offers exposure to this growth through global technology companies that provide essential digital infrastructure, payment systems, and cloud services in Brazil.
Published: October 10, 2025
Explore BasketBrazil Digital Banking: Could Infrastructure Stocks Win?
As more Brazilians turn to digital platforms for managing their wealth, the demand for sophisticated financial technology is growing. This basket offers exposure to US and EU-listed companies providing the critical software, payment systems, and market infrastructure powering this shift.
Published: October 9, 2025
Explore BasketInvestment Analysis
Nubank
NU
Pros
- Nu Holdings has demonstrated strong revenue growth, with a 48.7% year-on-year increase in 2024, driven by expanding customer bases in Latin America.
- The company maintains a leading position in digital banking across Brazil, Mexico, and Colombia, benefiting from high customer engagement and low-cost operations.
- Nu Holdings is profitable, reporting $1.97 billion in earnings for 2024, reflecting efficient cost management and scalable business models.
Considerations
- Nu Holdings trades at a high valuation, with a forward P/E ratio above 23 and a price-to-sales ratio significantly above sector averages.
- The company's growth is concentrated in emerging markets, exposing it to currency volatility, regulatory changes, and macroeconomic instability.
- Nu Holdings does not pay a dividend, limiting income appeal for investors seeking regular returns.
Apollo
APO
Pros
- Apollo Asset Management benefits from a diversified global asset base, providing exposure to multiple alternative investment strategies and geographies.
- The firm has a strong track record in generating high fee-related earnings and deploying capital in private equity, credit, and real assets.
- Apollo maintains a robust balance sheet with significant liquidity, supporting strategic acquisitions and resilience during market downturns.
Considerations
- Apollo's performance is closely tied to market cycles, making earnings vulnerable to downturns in credit and equity markets.
- The company faces intense competition from other large asset managers, which can pressure fee margins and asset growth.
- Regulatory scrutiny on alternative asset managers has increased, potentially impacting operational flexibility and profitability.
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Comparisons
Nubank vs ING
Nubank vs ING: a comparison of business models
Nubank vs CIBC
Nubank vs CIBC
Nubank vs Itaú Unibanco
Nubank vs Itaú Unibanco: A comparison page