Brazilian Nubank thinks it could be worth up to US$100 billion for Nasdaq debut in late 2021

Even before it debuted on Nasdaq, the Brazilian bank is a case study at Stanford for those who study the fintech market. Is the digital bank a sort of new Mercado Libre? Competent, customer-centric management in a way the industry has never seen.

RIO DE JANEIRO, BRAZIL - The topic of the day is, of course, Nubank's claimed valuation of US$75 billion to US$100 billion for its Nasdaq debut, expected by the end of 2021. In practice, if the cap is reached, the digital bank would be the largest listed Brazilian and probably also Latin American company by market value.

It would probably be bigger than Vale, Petrobras, and any other national and continental giant the reader can think of, possibly including the most talked-about success story of Latin America, Mercado Libre, that is worth US$91 billion as of . . .

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