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Nubank
company
About
Nubank is a digital bank that offers digital credit cards, transfers, and payments.
- 5001 - 10000
Details
- Last Funding Type
- Post-IPO Debt
- Last Funding Money Raised
- $650M
- Industries
- Banking,Credit Cards,Financial Services,FinTech
- Founded date
- May 6, 2013
- Number Of Employee
- 5001 - 10000
- Operating Status
- Active
Nubank issues, administrate, processes, and transfers payments related to post-paid credit cards and equity investment in other entities. It serves clients in Brazil. The company launched its proprietary loyalty rewards program ("Nubank Rewards"), as well as a digital account ("NuConta") that is already used by more than 17 million people.Cristina Junqueira, David Velez, and Edward Wible founded EO2 Solucoes de Pagamento on May 6, 2013 that became Nubank in on June 25, 2013. It has its headquarters in São Paulo in Brazil.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
10
$3.52B
Nubank has raised a total of
$3.52B
in funding over 2 rounds. Their latest funding was raised on
Apr 11, 2022 from a Post-IPO Debt round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Apr 11, 2022 | Post-IPO Debt | $650M | 2 | — | — | Detail |
| Feb 16, 2022 | Post-IPO Equity | $1B | 1 |
Berkshire Hathaway
|
— | Detail |
| Jun 8, 2021 | Series G | $750M | 1 |
Berkshire Hathaway
|
— | Detail |
| Jan 28, 2021 | Series G | $400M | 2 |
Invesco
|
— | Detail |
| Jul 26, 2019 | Series F | $400M | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
4
6
Nubank is funded by 6 investors.
Berkshire Hathaway
and Invesco
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Berkshire Hathaway
|
Yes | Post-IPO Equity |
|
Invesco
|
Yes | Series G |
Citi
|
— | Post-IPO Debt |
HSBC
|
— | Post-IPO Debt |
Sequoia Capital
|
— | Series G |
Redpoint
|
— | Series E |
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