Brazil’s Nubank slashes IPO price by 20% and may be worth ‘only’ US$40 billion
In this list are Sequoia, Tiger, Softbank, Baillie Gifford (which besides Nubank only entered Raízen's IPO), Sands Capital, Invesco,
November 30, 2021Topic
brazil fintechs
Brazil’s Nubank abandons Easynvest brand; changes name to Nu Invest
Almost a year after acquiring Easynvest, Nubank drops the brand and launches Nu Invest — here's what the rebrand means...
August 17, 2021
Brazilian fintech Zoop receives US$34 million from Movile to expand operations
RIO DE JANEIRO, BRAZIL - Zoop, a payment methods and financial services technology company, announced Wednesday that it has received...
June 30, 2021
J.P. Morgan acquires 40% stake in Brazilian digital bank C6
U.S. bank J.P. Morgan has acquired a 40% stake in Brazilian digital bank C6 Bank for an undisclosed amount. Founded...
June 28, 2021
Majority of Brazilians age 16-24 have signed up for digital banking – survey
The digitalization of companies and services is a trend that has grown increasingly stronger, changing the ways of buying in...
June 24, 2021 After Billion-reais Investment, Brazilian Unicorn C6 Bank Faces First Image Challenge
It was still 2020, early December, when a group of 40 investors, led by Credit Suisse, invested R$1.3 billion (US$240...
January 22, 2021
Itaú Made R$1 Million Duplicate Transfers Using PIX, Sues Banks to Recover Funds
A dispute among Brazil's largest banks could be the PIX's first judicial "trial by fire", the Central Bank's (BC) new...
January 21, 2021