Nubank, the second largest digital bank in the world, planned to start trading its shares on the New York Stock Exchange (NYSE) in December 2021. In Brazil, the BRD, a certificate representing these shares, can be traded on the São Paulo Stock Exchange. Brazil (B3). This allows people to become partners or shareholders in the company, buying shares in the company.
This is official! Nubank announced that it will make an initial public offering and offer BDR on the Brazilian Stock Exchange. But not only that.
Fintech also wants to do something unprecedented: allow millions of customers to become its partners without having to pay any price for it.
In short, this is the NuSócios project, which was launched on November 9, 2021. But is it worth becoming a Nubank partner in this model? So, to understand the pros and cons of becoming a Nubank partner, review the following.
See also:
App How will my son be – Find out what your baby will be like!
Salary allowance – learn how to check your pis
Bible Online: see how to download free on mobile!
How will it work?
Initially, before the shares are traded on the New York Stock Exchange, Nubank will offer several clients of the institution itself the possibility of owning a “small portion” of the BDRs, which can be traded on the B3 one year after obtaining them. So far, BDR representatives will represent 1/6 of the common shares of Nu Holding, the group's leading company. According to the agency, there will be no charge of fees. However, the benefit will have a maximum availability limit and, if this limit is reached, the program will be terminated.
However, customers selected as “Apt” will receive an in-app invitation to become a Nubank member.
Criteria to become a Nubank partner
However, to be part of the plan, a person must follow certain standards. Be them:
- First, as an individual;
- Become a Nu Payments customer;
- Open accounts frequently based on intuition when making transactions;
- Default on the credit card or loan must not exceed 8 days; Or break the contract 30 days before the BDR membership plan;
- In addition, customers must execute or receive any transactions on any Nubank product.
- Finally, the “Nubank bit” must be accepted by the application itself when it is available.
What are the advantages and disadvantages of becoming a Nubank partner?
In this way, overall, Nubank will enable millions of customers to own a small piece of financial technology. Nubank's “small block” is actually something called a BDR, that is, a certificate that allows you to trade a certain percentage of Nubank's shares on the Brazilian Stock Exchange (B3) in 1 year. Therefore, each share will represent 1/6 of the A common shares of Nu Holdings, leader of the Nubank Group. This amount will be confirmed at the end of the IPO. According to Nubank, “In the first 12 months after going public, fintech will take care of a small part of you, while you familiarize yourself with the investment world so that you can make the best decision on how to deal with it in the future. ”.
But is it worth becoming a “Nubank partner”?
Well, according to the experts, the main advantage of this product is to reduce bureaucracy. This is because investors can bet on international assets without opening an account abroad. In addition, it is a way to diversify your investment portfolio to include foreign currency assets.
Among the shortcomings, one that has drawn attention is that the holder of the BDR is not a partner in the company. This is because, upon receiving the BDR, the investor is not considered a partner and does not have all the rights that a shareholder should have, such as voting rights. Another problem is that the product is not subject to the tax exemption rule with monthly sales not exceeding 20.000 reais, that is, future “Nubank partners” of BDR must submit an income tax return.
Who can get a piece of Nubank for free?
Not all Nubank customers will receive the BDR for free. When the maximum distributed BDR limit is reached, the benefit will no longer be granted. To join NuSócios, you must:
Become an individual Nu Payments customer two days before the end of the membership period;
Unlock a Nubank account opened for the transaction;
Maintain a Nubank credit card and/or loan for more than eight calendar days;
At least one transaction was executed or received for any Nubank product within 30 days prior to joining;
Enroll in the app within the specified time.
How to join NuSocios?
In the bank's app, instructions will only be provided to customers who meet the criteria to become a Nubank member. When the benefits run out, this option will no longer be available. To join NuSócios, this person must follow these steps:
When opening the bank application, on the first screen, the person should see the message “Have you ever thought about becoming a Nubank member?” And click on the “Learn more” option.
Watch a video explaining the NuSócios plan.
Read the Nubank IPO terms and conditions and the fintech prospectus, especially the risk factors section.
If you accept the conditions, click on “I want to participate in NuSócios”.
Enter the four-digit password.
After that, just wait for the public offering and the issuance of Nubank shares. At the same time, it is possible to view educational content about the Fintech plan and IPO, which debuts on December 9th.
generic lipidor 80mg lipitor 80mg drug order lipitor 10mg generic
Your article helped me a lot, is there any more related content? Thanks!
cipro ca – cheap cephalexin augmentin 1000mg cheap
order cipro 1000mg online cheap – amoxiclav for sale augmentin 1000mg pill
buy flagyl for sale – buy amoxil pills for sale buy azithromycin
ciprofloxacin pills – order erythromycin 250mg generic erythromycin pills
order valtrex 1000mg sale – order diltiazem 180mg generic buy acyclovir pills for sale
ivermectin 12mg pills for humans – buy ciprofloxacin generic tetracycline 500mg for sale
generic metronidazole 400mg – purchase amoxil generic buy azithromycin 250mg
buy ampicillin tablets doxycycline brand amoxicillin for sale
buy generic furosemide online – candesartan 16mg uses how to buy captopril
buy retrovir for sale – order irbesartan 300mg generic oral allopurinol
glycomet 500mg for sale – order generic bactrim 480mg lincocin 500 mg uk
oral clozaril 100mg – altace us order pepcid 40mg without prescription
order quetiapine 50mg online cheap – quetiapine us eskalith online order
cost hydroxyzine 10mg – cheap pamelor 25mg order endep 25mg
order clomipramine generic – buy clomipramine cheap buy doxepin 75mg online cheap
amoxicillin ca – order amoxicillin generic order generic cipro 500mg
buy augmentin 625mg online – buy cipro 500mg online order cipro 500mg sale
buy cleocin 150mg pills – order vantin 200mg generic cheap chloramphenicol
purchase azithromycin pills – order metronidazole 400mg without prescription ciplox 500mg pills
oral albuterol – order seroflo inhalator online buy theophylline 400mg generic
ivermectin 3mg over the counter – aczone for sale online buy cefaclor 250mg pill
desloratadine 5mg price – desloratadine 5mg without prescription cheap albuterol inhalator
buy medrol 16 mg – buy cheap generic fluorometholone order generic azelastine 10 ml
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But I have a question, can you help me?
order glyburide 2.5mg online cheap – order glyburide 2.5mg online forxiga 10mg tablet
prandin us – where to buy prandin without a prescription jardiance online buy
glucophage where to buy – order sitagliptin for sale cost early 50mg
Your article helped me a lot, is there any more related content? Thanks!
lamisil ca – fluconazole for sale buy griseofulvin pills for sale
digoxin 250mg uses – order digoxin generic order lasix 40mg generic
buy famciclovir pills – valcivir 1000mg sale valacyclovir over the counter
rosuvastatin necessary – caduet online flap caduet case