Tag: NuBank

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...
RIO DE JANEIRO, BRAZIL - American startup Deel, owner of a payroll platform for remote workers, announced on Thursday, April 21st, a US$156 million Series C funding round. The investment, led by Andresseen Horowitz and YC Continuity, which gives...
RIO DE JANEIRO, BRAZIL - Brazil's largest fintech Nubank announced on March 24th the launch of the investment fund Black Seed, which will allocate a total of R$1 million (US$182,000) to Brazilian startups founded by black entrepreneurs. The focus is...
RIO DE JANEIRO, BRAZIL - The digitalization process imposed by the pandemic and the rapid growth of technology companies, driven by this phenomenon, have pushed a wave of startups to the Brazilian Stock Exchange (B3). The march toward initial...
RIO DE JANEIRO, BRAZIL - Nubank, the fourth largest bank in Latin America in stock market value, has announced yet another diversity goal: to have half of its leadership positions filled by women in less than five years. To...
RIO DE JANEIRO, BRAZIL - On Thursday, February 18th, Brazilian Nubank, Latin America´s largest Fintech, announced the launch of a new credit card. The product is designed for unbanked people and on the blacklist of defaulters. The card enables...
RIO DE JANEIRO, BRAZIL - A dispute among Brazil's largest banks could be the first judicial "trial by fire" of PIX, the Central Bank's (BC) new instant payment system. Case documents, released by the Cointelegraph website, show that in November...
RIO DE JANEIRO, BRAZIL - The Berlin-based German fintech received a license from the Brazilian Central Bank to "carry out credit operations," including third-party credit analysis, and issue electronic currency in the country, per AltFi. This news is long-awaited: N26...
RIO DE JANEIRO, BRAZIL - Last year, the country's innovation companies raised a total of US$3.5 billion - 17% more than the US$2.97 billion in 2019. The data are from a survey conducted by Distrito, a startup that monitors...



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