Nubank - About the company
Nubank is a public company based in Sao Paulo (Brazil), founded in 2013 by David Velez, and . It operates as a Digital bank for individuals and businesses. Nubank has raised $2.27B in funding from investors like Sequoia Capital, DST Global Partners and Founders Fund. The company has 54 active competitors, including 8 funded and 6 that have exited. Its top competitors include companies like Revolut, albo and Agibank.
Sectors and market segments that Nubank operate in
Nubank serves in the B2C, B2B space in the FinTech market segments.The primary business model of Nubank is:Company Details
Digital bank for individuals and businesses. It offers an online bank account that allows users to send and receive money and make scheduled transfers. It also offers consumer loans, bill payments, and NFC-enabled credit cards for online and offline purchases. Its application is available on iOS and Android platforms.
- Website
- Social
- Email ID
- @nubank.com.br
- Phone Number
- +55
Legal entities associated with Nubank
Nubank is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CIN: 30.680.829/0001-43 Brazil, Active | Jun 12, 2018 | $5.84M (as on Dec 31, 2023) | - | - |
CIN: 62.169.875/0001-79 United States, Deadpooled | Jul 07, 1968 | - | 7676 (as on Dec 31, 2023) | - |
Get your free copy of Nubank's company profile
Nubank's funding and investors
Nubank has raised a total funding of $2.27B over 12 rounds. Its first funding round was on Jul 17, 2013. Its latest funding round was a Series G round on Jun 08, 2021 for $750M. 9 investors participated in its latest round, lead by and Sands Capital.
Nubank has 37 institutional investors including Sequoia Capital, DST Global Partners and Founders Fund. Nicolas Berggruen is only Angel Investor in Nubank.
Here is the list of recent funding rounds of Nubank:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Jun 08, 2021 | $750M | Series G | $30B | 53274.8x | |
Jan 28, 2021 | $400M | Series G | $25B | 119039.3x | |
Aug 28, 2020 | $300M | Series F | - | - | - |
Access funding benchmarks and valuations. Sign up today!View details of Nubank's funding rounds and investors
Nubank's founders and board of directors
The founders of Nubank are David Velez, and .
Here are the details of Nubank's key team members:
- David Velez: Co-Founder & CEO of Nubank and founder of 3 other companies, NuPay for Business, Nu invest and Investidores.nu. They are also an angel investor in 18 startups.Contact Info:
- : Co-Founder & CTO of Nubank and founder of , NuPay for Business, Investidores.nu and Nu Mexico. Contact Info:
- : Co-Founder of Nubank and founder of , NuPay for Business, Investidores.nu and Nu Mexico. Contact Info:
View details of
Nubank's employee count trend
Nubank has 7,676 employees as of Dec 23. The total employee count is 5.0% lower than what it was in Dec 22. Here is Nubank's employee count trend over the years:
Uncover Nubank's growth story! Sign up today!
Access 秘密研究所 on any website
Our Google Chrome extension lets you view company details while browsing their websites
Nubank's Competitors and alternates
Top competitors of Nubank include Revolut, albo and Agibank. Here is the list of Top 10 competitors of Nubank, ranked by 秘密研究所 score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Overall Rank | Company Details | Short Description | Total Funding | Investors | 秘密研究所 Score |
|---|---|---|---|---|---|
1st | Revolut 2015, London (United Kingdom), Series E | Provider of banking solutions for retail customers and businesses | $1.99B | TCV, JPMorgan Chase听&补尘辫;听 | 82/100 |
2nd | 2013, Sao Paulo (Brazil), Public | Digital bank for individuals and businesses | $2.27B | CPP Investments, 听&补尘辫;听 | 82/100 |
3rd | Internet first bank offering retail and business banking | $111M | Spectra Investments, Endeavor听&补尘辫;听 | 70/100 | |
4th | Internet-first bank license bank for individuals | $138M | 66/100 | ||
5th | Digital bank for businesses | $153M | , Tiger Global Management听&补尘辫;听 | 65/100 | |
6th | Conta Simples 2018, Sao Paulo (Brazil), Series B | Digital bank for businesses | $68.1M | Spectra Investments, FJ Labs听&补尘辫;听 | 64/100 |
7th | Digital bank for individuals and businesses | - | 60/100 | ||
8th | Wallet-enabled money transfer and bill payment solutions | $9M | 59/100 | ||
9th | Provider of digital banking and related services for SMEs | - | DFC, Thomvest Ventures听&补尘辫;听 | 51/100 | |
10th | Provider of digital banking and financial services | - | - | 50/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Nubank's competitors? Click to see the top ones
Nubank's Investments and acquisitions
Nubank has made 12 investments in companies including Tyme and Caliza. Nubank has also acquired 8 companies including Hyperplane and Olivia AI. Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Dec 17, 2024 | Investments | 2012 | Johannesburg, | |
Jun 26, 2024 | Acquisition | 2022 | Palo Alto, | |
Apr 11, 2024 | Investments | 2002 | Sao Paulo, Brazil |
Want to know more about where corporates are investing? Sign up today!See all investments and acquisitions by Nubank
Reports related to Nubank
Here is the latest report on Nubank's sector:
View
News related to Nubank
Media has covered Nubank for a total of 93 events in the last 1 year, 53 of them have been about company updates and 9 about partnerships.
鈥�
Fintech Finance鈥�Jun 16, 2025鈥�Nubank
鈥�
鈥�
Financial Post鈥�May 21, 2025鈥�Nubank
鈥�
Livemint鈥�May 21, 2025鈥�Nubank
鈥�
鈥�
Grupoglobo鈥�May 14, 2025鈥�Nubank
鈥�
Grupoglobo鈥�May 14, 2025鈥�Nubank
鈥�
Fintech Finance鈥�May 12, 2025鈥�Nubank
鈥�
MarketBeat鈥�May 01, 2025鈥�, Nubank
鈥�
Finextra鈥�Apr 28, 2025鈥�Nubank
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQ's about Nubank
Explore our recently published companies
- WeBox - San Jose based, 2018 founded, Unfunded company
- CloudOnHire - Bengaluru based, 2011 founded, Funding Raised company
- Gaznat - Vevey based, 1968 founded, Unfunded company
