Nubank, a Brazilian financial technology company headquartered in São Paulo, focuses on providing digital banking services across Latin America. As the largest fintech bank in the region, Nubank serves over 80.4 million customers in Brazil and an additional 1.51 million in Mexico and Colombia. The firm typically engages in Series B and Series C investment rounds, supporting startups with significant growth potential.
Notable portfolio companies include Jupiter, which has raised $131 million. Key decision-makers at Nubank include CEO David Vélez, who co-founded the company alongside Edward Wible and Cristina Junqueira. Nubank's investment philosophy centers on leveraging technology to disrupt traditional banking models, offering unique value-add services such as credit cards, cashback reward programs, digital bank accounts, and personal loans to its portfolio companies.
Nubank - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Total Investments2
Current Portfolio Count1
Total Portfolio Exits0
Top Investment Stages
Series B1 (50.0%)
Series C1 (50.0%)
Stage Mix
Series B 50%Series C 50%
Concentration shown as share of disclosed investments by stage.
Nubank - Similar Investment Firms
Nubank - Classification
- Also Known As
- Nu Holdings Ltd.
- NAICS
- 520000Finance and Insurance
- 522000Credit Intermediation and Related Activities
- 522100Depository Credit Intermediation
- 522110Commercial Banking
- SIC
- 6000Depository Institutions
- 6020Commercial Banks
Show 5 more industry codes
- SIC
- 6100Nondepository Credit Institutions
- 5000Wholesale Trade-durable Goods
- 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
- 6280Services Allied With The Exchange Of Securities Or Commodities
- 6282Investment Advice