Tagged: nubank

Digital Commerce: Bexs Pay Teams Up with Nubank to Serve Brazilian Consumers

Bexs Pay, which claims to be a “pioneer” in offering cross-border transactions, has entered a partnership in order to provide Brazilian consumers with convenient access to global products and services. Bexs Pay will, from now on, be responsible for transfers via NuPay, which is Nubank’s… Read More

LatAm Fintech Nubank Strengthens Global Operations with $650M Credit Line to Support Mexico, Colombia Business Growth

Nubank (NYSE: NU), one of the largest digital financial services platforms globally, recently announced that it strengthened its international operations by obtaining a credit line of $650 million, which will be “invested in the Mexican and Colombian markets, where the company operates under the name… Read More

Fintech Adoption to Continue in 2022 with Financial Inclusion, Green Investments, Online Trading, Remittance Payments As Key Focus Areas

Financial services have become a lot more accessible, seamless, and user-friendly in the past decade due largely to the rise of innovative Fintech platforms throughout the world. Traditional banking service providers have launched their own digital transformation strategies in order to remain competitive in a… Read More

Nubank Prices IPO at $9 a Share, Will Trade on NYSE Under Ticker “NU” [u]

Nu Holdings or Nubank, will trade on the New York Stock Exchange today under the ticker symbol “NU”. Nubank, based in Brazil, is one of the most successful digital banks in the world. The pricing gives Nubank a valuation of over $40 billion. The company… Read More

Reality Check Before Take-Off: Why a $9 Billion IPO Target Downsizing Won’t Impact Nubank’s Path to the Pinnacle of Fintech

Brazil’s Fintech decacorn, Nubank is all set for a blockbuster IPO on the 8th of December that’s certain to resonate across the world of finance. Whilst the company has been forced to cut its valuation target by around $9 billion to a total of around… Read More

Nubank, a Leading Latin American Neobank, to IPO on NYSE this Week

Nu Holdings (Nubank), a Brazil-based Fintech, is expected to go public this week as shares are set to trade under the ticker symbol “NU” on the NYSE. Late last month, Nubank updated its price range to $8 to$9 per share. If the neobank bank floats… Read More

Brazil based Digital Banking Fintech Nubank Expands Digital Commerce Services

Brazil-based virtual banking Fintech Nubank has partnered with several different retailers in order to add a digital commerce section to its app. At the time of launch, Nubank‘s clients in Brazil can start shopping at retailers like AliExpress, Dafiti and Magalu via the app, with… Read More

Brazil’s Nubank pumps in $45 mn in yet-to-be-launched neobank Jupiter

Brazil-based Nubank has led a $45 million Series B funding round in yet-to-be-launched Indian neobank Jupiter. Global Founders Capital, Matrix Partners, and Sequoia Capital also participated in the round along with existing investors Addition Ventures, Tanglin VC, 3one4 Capital, Greyhound, and Beenext. Founded by Jitendra… Read More

Latam Fintech Nubank Said to be Planning an IPO in the US

Brazil-based digital bank Nubank is said to be in the early stages of pursuing an initial public offering (IPO) in the US. Earlier this month, it was reported that Nubank had acquired $750 million in capital as part of two extensions of its latest Series… Read More

Digital Banking Fintech Unicorn Nubank Secures $750M as Part of Series G Extensions, Now Valued at $30B

Brazil-based banking challenger Nubank recently revealed that it has secured a total of $750 million in capital as part of two extensions of its latest Series G round. The Fintech firm reports raising $1.15 billion in total. During Nubank‘s first extension, the banking challenger acquired… Read More

Fintech Unicorn Nubank’s Mexican Division Nu Mexico to Acquire $135M in Capital to Expand Operations in Latin America

The Mexico-based division of Fintech Unicorn Nubank, which is notably the largest standalone digital banking platform in the world, will be acquiring $135 million in capital in order to support its business operations in the Latin American (LatAm) region’s second-largest economy. As first reported by… Read More

Brazilian Fintech Nubank Secures $400 Million Through Series G Funding Round

  Nubank, a Brazil-based fintech startup, announced on Thursday it raised $400 million through its Series G funding round, which attracted new investors, including GIC, Whale Rock and Invesco, along with former investors such as Sequoia, Tencent, Dragoneer, and Ribbit.  As previously reported, Nubank was founded… Read More

Digital Banking: Neobanks like Nubank, Neon, and Uala are Now Key Players in South and Latin America Fintech Sector

The digital banking sector in South America has been growing steadily, with now over 30 neobanks in the region. Digital banking platforms currently serve more than 50 million consumers out of the region’s (approximately) 430 million residents, according to the latest data from Dutch Fintech… Read More

Nubank: A LatAm Fintech Valued at $10 Billion and Growing Fast

Last week during LendIt Fintech’s LatAm virtual event, David Velez, founder and CEO Nubank, took to the screen to share some of his experiences in launching a digital bank in Latin America that has now emerged as a hugely successful Fintech. In 2013 following years… Read More

Chubb Joins Forces With Nubank to Launch Fully Digital Life Insurance Offering in Brazil 

Nubank and Chubb announced on Tuesday the launch of a fully digital life insurance offering, Nubank Vida, in Brazil. According to the duo, Nubank Vida is underwritten by Chubb and was developed using the integration capabilities of Chubb Studio, the global digital product distribution platform… Read More

Nubank Announces Acquisition of Self-Direct Digital Broker Easynvest

Nubank, a Brazil-based fintech startup, announced on Friday it has acquired Easynvest, a self-direct digital broker. According to Nubank, Easynvest has 1.5 million clients and is claimed to be the largest broker to give customers the autonomy to make their investments. While sharing details about… Read More

Banking Challenger Market Is Growing Rapidly, with Brazil’s Nubank being the World’s Largest with 15 Million Clients

The challenger bank trend first began in Europe and has been gradually spreading to other parts of the world. Traditional banking challengers have been growing steadily and have managed to attract large investments. FT Partners’ new report, titled The Rise of Challenger Banks: Are the… Read More

Founders of Google Pay India to Launch Neo-Banking Platform in the $2.6 Trillion Economy

Two Indian co-founders of Google Pay are reportedly preparing to launch a neo-banking platform in the Asian country and they have managed to acquire financial backing from three established venture capital funds. Sujith Narayanan, an experienced senior management professional specializing in the payments industry, who… Read More

Brazilian Fintech Nubank Surpasses 15 Million Customers

Nubank, a Brazil-based fintech startup, has reportedly surpassed 15 million customers. According to Reuters, Nubank’s CEO David Vélez announced the figure, which marks a 25% increase from the total that Nubank disclosed in August. As previously reported, Nubank was founded in 2013 and is committed to… Read More

3 Biggest Fintech Trends Shaping Latin America

3 Fintech Trends to Watch in Latin America Latin America is one of the fastest-growing regions in the world for mobile usage. In fact, the region ranks third for smartphone adoption globally, behind North America and Europe In 2017, the percentage of the Latin American… Read More

Send this to a friend