Nubank

Description

Nubank is the leading digital finance company in Brazil. The company offers a mobile credit card platform with platinum Mastercard credit services. It also provides a mobile app, with which customers  can manage their daily transactions, credit limit and expenses in real time. Nubank is committed to fighting complexity and empowering Brazilians to take control of their finances. Over 3 million people have already applied for Nubank's credit card since it was launched on September 2014.

Overview

Inception 2014Number of ClientsOver 5 million card owners
HeadquarterBrazilNumber of PartnersN/A
FoundersDavid Vélez, Cristina Junqueira, Edward WibleStage of DevelopmentFunded (Seed, A, B, C Rounds)
Team Size370
Geographic Diversity GlobalMoney Raised FromBank Credit and Venture Capital
YearYear Total revenue growth $MTotal Funding Raised $MTotal Funding Expected $M
234.3M

ASQUISTIONS

DateCompanyAmount
10 May, 2017

Differentiating factors/Innovation points

Nubank's pillars are technology, design and data science

Industry Awards

Best B2C in Latin America 2016, by Latam Founders Network

Website https://www.nubank.com.br/