Brazil’s Nubank to raise more than US$2 billion on Nasdaq stock market
São Paulo-based Nubank, whose shareholders include billionaire Warren Buffett's Berkshire Hathaway, is planning its more than US$2 billion initial public...
August 12, 2021Topic
NuBank
Technology company openings in Brazil up 210% in 10 years
According to Datahub, the number of openings of this type of company in Brazil rose 210% in 2020 over 2011....
August 6, 2021
Brazil’s Nubank buys automated chat platform Juntos Global
Nubank on Wednesday announced the acquisition of American automated chat company Juntos Global. The deal is part of a bid...
August 4, 2021
Brazilian startups attract US$484.4 million in investments in July
During the month of July these companies together raised over US$484 million in investments, 35% more than in the same...
August 2, 2021
Seven of the 10 most valuable startups in Latin America are from Brazil
RIO DE JANEIRO, BRAZIL - The cryptocurrency market is becoming increasingly relevant in the Latin American startup ecosystem: According to...
July 6, 2021
Brazil’s Mercado Bitcoin is Latin America’s 1st crypto unicorn after raising US$200 million
The 2TM Group, which controls cryptocurrency brokerage Mercado Bitcoin, is now worth US$2.1 billion and becomes the industry's 1st Latin...
July 2, 2021
Brazilian gangs are stealing mobile devices to perform bank transfers through PIX system
Procon-SP consumer defense agency has notified some 11 banks following security breaches in companies' apps. The information was released on...
June 19, 2021 Brazil’s Nubank raises investment from Buffett, others; market valuation hits US$30 billion
RIO DE JANEIRO, BRAZIL - Nubank has closed two extensions of the Series G investment made earlier this year, which...
June 8, 2021
Brazil’s Nubank confirms 12-month installment plan for purchases using its card
Nubank's new service allows users to choose any purchase made through the institution's credit card to be paid in up...
June 4, 2021