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Tag: NuBank

RIO DE JANEIRO, BRAZIL - Owners of new insurance companies want to make taking out insurance for one's car or cell phone increasingly similar to opening a digital bank account. They are also trying to expand distribution using popular sales...
RIO DE JANEIRO, BRAZIL - The cryptocurrency market is becoming increasingly relevant in the Latin American startup ecosystem: According to a survey published Tuesday, 6, two of the region's largest startups operate in the sector. Digital banks and real...
RIO DE JANEIRO, BRAZIL - The 2TM Group, which controls cryptocurrency brokerage Mercado Bitcoin, is now worth US$2.1 billion and becomes the industry's 1st Latin American unicorn. Mercado Bitcoin, the Brazilian exchange that has become the largest Latin American platform...
RIO DE JANEIRO, BRAZIL - Procon-SP consumer defense agency has notified some 11 banks following security breaches in companies' apps. The information was released on Friday, June 18. According to the notification, gangs are stealing mobile devices to perform...
RIO DE JANEIRO, BRAZIL - Nubank has closed two extensions of the Series G investment made earlier this year, which total US$750 million. The amount is almost double the US$400 million raised in the February investment round. The largest investor...
RIO DE JANEIRO, BRAZIL - The fintech's new service allows users to choose any purchase made through the institution's credit card to be paid in up to 12 installments. Latin America's largest fintech, São Paulo-based, Nubank has unveiled another new...
RIO DE JANEIRO, BRAZIL - With R$13 (US$4.49) million raised from investors such as Maya Capital and Kaszek, the Brazilian insurtech Azos launched its product on the market in April. Insurance is the new target of startup entrepreneurs and investors....
RIO DE JANEIRO, BRAZIL - Brazilian billionaire Eduardo Saverin, one of Facebook co-founders alongside Mark Zuckerberg, has boosted his stake in Mexican startup Yalo, the first and only company in Latin America to receive an investment from his fund,...
RIO DE JANEIRO, BRAZIL -  E-commerce was one of the segments that benefited the most from the pandemic. In Brazil alone, revenues from online stores grew 41% and totaled R$87.4 (US$16.1) billion. Several startups are looking to create their...

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