
Tag "NuBank"
Nubank Launches Its Own Cryptocurrency on the Polygon Blockchain
Latin American challenger bank Nubank announced the creation of Nucoin, its own cryptocurrency on the Polygon blockchain network, set to be launched in the first half of 2023. The token, developed with Polygon’s support, will be part of a rewards
Read MoreWarren Buffett-Backed Nubank Crosses 70 Million Users
Nubank has reached 70 million customers in Latin America, with 66.4 million users in Brazil, 3.2 million in Mexico, and more than 400,000 in Colombia — making it the fifth largest financial institution in Brazil in terms of number of
Read MoreBrazilian Challenger Bank Nubank Makes Push for IPO
Brazilian challenger bank Nubank has filed for its initial public offering (IPO) and is expected to go public in the U.S. by early 2022, according to Forbes. Nubank had filed both with the Securities and Exchange Commission (SEC) in the
Read MoreNubank Leads US$44 Million Investment Round in Indian Neobank Jupiter
Brazilian challenger bank Nubank announced that it led a US$44 million investment round in Jupiter, an Indian digital bank which launched its beta app about a month ago. This marks the first investment that Nubank has made into another company.
Read MoreNubank Bags US$ 750 Million in Two Series G Extensions, Now Valued at US$30 Billion
Brazilian challenger bank Nubank announced that it has raised a total of US$ 750 million during two extensions of its Series G funding round, raising the round to US$1.15 billion. During the first extension, the challenger bank secured US$500 million
Read MoreWhat 2021 Holds for Fintechs and Challenger Banks in Mexico
In 2021 we will harvest the seeds of the accelerated adoption and development in technology that 2020 forced upon us. The fintech industry took a leap forward with the user base growing significantly. This will lead to more demands for
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