Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
26 September 2022 - 10:41PM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM 6-K
Report
of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934
For the month of September,
2022
Commission File Number 001-41129
Nu Holdings Ltd.
(Exact name of registrant as specified
in its charter)
Nu Holdings Ltd.
(Translation of Registrant's
name into English)
Campbells Corporate Services
Limited, Floor 4, Willow House, Cricket Square, KY1-9010 Grand Cayman, Cayman Islands
+1 345 949 2648
(Address of principal executive
office)
Indicate by check mark whether
the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F (X) Form 40-F
Indicate by check mark whether the registrant by furnishing
the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
Yes No (X)
NOTICE
TO THE MARKET
Grand
Cayman, Cayman Islands Company, September 26, 2022 - Nu Holdings Ltd. (“Nu” or “Company”), hereby
informs its shareholders and the market, in consideration of the Brazilian Central Bank ("BCB") Resolution Nº.
246 ("BCB Resolution 246") issued today, which established, among other matters, a maximum limit for the interchange
fee of the prepaid cards, as follows:
- Changes in the interchange
fee for prepaid cards in Brazil were widely expected by the market since the publication by the BCB, on October 8, 2021, of the Public
Consultation Notice Nº 89 ("ECP 89/2021"), having been mentioned in the Registration Statement on the Company's
Form 20-F and considered on its planning, even though the timing of its implementation at the time was uncertain.
- The BCB Resolution
246 established that the maximum limit for the interchange fee levied on all prepaid card transactions in Brazil will be 0.70%. The new
rules come into force on April 1, 2023.
- Interchange fees
on prepaid cards represented 7.0% of the Company's revenue in the 12 months from July 2021 to June 2022. If the changes announced by
Resolution BCB 246 were in effect since July 1st, 2021, the Company's revenue would have been adversely affected by 2.9%.
We
will continue to monitor the new rules to be enacted by the Brazilian Central Bank, as well as any other adjustments proposed by Mastercard
on this matter, and we will keep the market informed of any new developments.
Contacts
Investor Relations
Guilherme
Lago
investors@nubank.com.br
Media
Leila Suwwan
press@nubank.com.br
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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Nu Holdings Ltd. |
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By: |
/s/ Guilherme Lago |
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Guilherme Lago Chief Financial Officer |
Date: September
26, 2022
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