Nubank is a Brazilian neobank and the largest fintech bank in Latin America.
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11 Facts About Nubank
2.
Nubank has engineering offices in Berlin, Germany, Buenos Aires, Argentina, and an office in Mexico City, Mexico.
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3.
In December 09,2021, Nubank officially launched its public IPO offering on the NYSE, valuing the company at US$45 billion, making it the most valuable digital neobank.
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4.
Nubank was founded in 2013 by Colombian David Velez, Brazilian Cristina Junqueira and American Edward Wible.
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5.
Four years later, Nubank became a unicorn startup with its valuation of US$1 billion.
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6.
Nubank launched its first financial product, an international Mastercard credit card that has no annuity fees and can be completely managed through a mobile app, and then in June 2015, Nubank led a series B round of investment with Tiger Global Management, along with existing backers Sequoia Capital, Kaszek Ventures and QED Investors.
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7.
In 2018, after launching its new credit card design, Nubank was featured in the Guinness Book of Records for making the world's largest unboxing.
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8.
In January 2020, Nubank made its first acquisition with the purchase of Plataformatec, a company that specialized in software engineering and agile methodologies, thus continuing its growth by including the team of 50 developers of Platformatec.
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9.
In September 2020, Nubank acquired Easyinvest, an investment broker from Brazil, for an undisclosed amount.
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10.
In November 2020, Nubank announced that the company would begin operations in Colombia.
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11.
Some of Nubank's investors are Sequoia Capital, Founders Fund, Kaszek Ventures, Tiger Global Management, Goldman Sachs, Berkshire Hathaway, QED Investors and DST Global.
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