With US$20 million investment, Nomad aims to be Brazilians’ digital bank in the U.S.

To be the digital bank of Brazilians in the United States is the proposal of Nomad, founded by Patrick Sigrist, Lucas Vargas and Eduardo Haber in November last year.

RIO DE JANEIRO, BRAZIL - After 3 years in development, the company got off the ground with the goal of facilitating Brazilians' access to financial services abroad.

In practice, Nomad offers solutions such as foreign exchange, transfers, payments, international purchases and even investments in the U.S. market. With 50,000 accounts open, the startup has just received a Series A funding of R$100 (US$20) million.

The investment was led by Monashees and Spark Capital funds. Globo Ventures, Propel, GFC, Abstract, Vast, and ONEVC also took part in the round. The company will use the money to accelerate growth . . .

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