Nu Holdings Ltd. (NYSE:NU) is one of the On June 1, 2026, Nu Holdings Ltd. (NYSE:NU) disclosed in a regulatory filing that Rob Livingston has been appointed CFO, effective July 13.
Livingston will replace Guilherme Lago, who will transition to Special Advisor and support the management team and Audit and Risk Committee on corporate development and other strategic matters
Livingston joins from Visa (V), where he recently served as CFO for North America, and will lead Nu’s global finance organization, including capital and liquidity planning, financial reporting, corporate development, tax, and investor relations. On May 21, 2026, BofA lowered the firm’s price target on Nu Holdings Ltd. (NYSE:NU) to $16 from $17 and maintained a Neutral rating on the shares. BofA said quarterly results disappointed for “a second consecutive quarter” and reduced its FY26 and FY27 BRL net income estimates by 6% and 9%, respectively.
On May 14, 2026, Nubank reported Q1 revenue of $5.32B, above the consensus estimate of $5.06B. CEO David Velez said Nu’s AI transformation is a core priority, adding that the company is “rebuilding banking around AI.” Velez said NuFormer is already in production for credit cards in Brazil and Mexico and unsecured lending in Brazil, while AI Private Banker functionalities serve more than 15 million monthly active users. Nu also reported more than 135 million customers, revenue above $5B for the first time, net income of $871M, and ROE of 29%.