Nubank
Founded Year
2013Stage
Loan - II | AliveTotal Raised
$2.697BLast Raised
$150M | 3 mos agoMissing: Nubank's Product Demo & Case Studies
Promote your product offering to tech buyers.
Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.
Missing: Nubank's Product & Differentiators
Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).
Research containing Nubank
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Nubank in 26 CB Insights research briefs, most recently on May 2, 2023.
Expert Collections containing Nubank
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Nubank is included in 6 Expert Collections, including Banking.
Banking
1,071 items
Fintech 250
998 items
Fintech
4,924 items
Digital Lending
1,883 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Payments
2,682 items
Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.
Conference Exhibitors
5,302 items
Latest Nubank News
May 5, 2023
Nomba, a Nigerian company that offers payment services, has raised $30 million in a pre-Series B fundraising round to help it give customized payment solutions to African companies. Base10 Partners, a San Francisco-based investor in Nubank, Plaid, and Brex, led the oversubscribed equity investment round, which also included Helios Digital Ventures, Shopify, Partech, and Khosla Ventures. The majority of businesses in Africa still only have access to conventional point-of-sale devices to handle payment collection, despite the continent’s development in digital payments. Additionally, these machines frequently operate independently from the rest of the company’s activities, which results in a number of inefficiencies in their business procedures. With this additional funding, Nomba will provide businesses with payment solutions that are tailored to the particular services they offer, allowing them to close gaps in their payment processes, work more effectively, and create exceptional client experiences. For instance, restaurants will be able to use the same gear to view menus, manage inventory, take payments, and handle other business operations. With the help of Nomba’s technologies, transportation and logistics businesses will be able to directly link their transactions and payments, providing a more streamlined process that boosts revenue and profitability. Beginning in Nigeria, Nomba will also provide a selection of business tools, such as invoicing and order management solutions, to boost productivity and save operating costs for companies all around the continent. Nomba has developed over time into a successful, omnichannel payment service provider from its first introduction as “Kudi.ai” in 2016, a chatbot integration that responds to financial demands on social apps. The company offers a variety of payment solutions, management and banking tools, and other services to more than 300,000 businesses to help them run their operations more efficiently. The business processes $1 billion in transactions per month, which is the highest gross transaction value (GTV) for an African payment service provider. Nomba had only ever raised $5 million prior to this fundraising round, and it successfully used those money to expand its operations and effectively execute solutions that had a beneficial impact on hundreds of thousands of businesses throughout Nigeria. With this additional funding, the company will be able to offer more solutions to businesses in Nigeria, Africa, and other areas as opportunities arise. Nomba is one of the most intriguing businesses in Africa because to its history of innovation and capital efficiency, according to Luci Fonseca, Partner at Base10. We are ecstatic to be assisting them as they provide their revolutionary solutions to fuel business expansion and success in Nigeria and beyond.
Nubank Frequently Asked Questions (FAQ)
When was Nubank founded?
Nubank was founded in 2013.
Where is Nubank's headquarters?
Nubank's headquarters is located at Rua Capote Valente, 39, Sao Paulo.
What is Nubank's latest funding round?
Nubank's latest funding round is Loan - II.
How much did Nubank raise?
Nubank raised a total of $2.697B.
Who are the investors of Nubank?
Investors of Nubank include International Finance Corporation, SoftBank , Berkshire Hathaway, Sequoia Capital, Verde Asset Management and 27 more.
Who are Nubank's competitors?
Competitors of Nubank include Marco Financial, Pier, Fiinu, Creditas, Klar, PicPay, BNEXT, Albo, Neon, Cora and 21 more.
Compare Nubank to Competitors
Neon is a fintech payment institution operating in the modalities of issuing electronic money and issuing postpaid instruments. It offers services such as loans, investments, digital wallets, and digital account services. The company was founded in 2014 and is based in Sao Paulo, Brazil.
Uala provides a neo-bank and personal financial management mobile application. Its services include transferring money, paying bills, loading credit on prepaid cell phones and transport cards, and more. The company was founded in 2017 and is based in Buenos Aires, Argentina.
Klar operates as a financial technology company. It offers a mobile application and a debit card that gives users full control of their money and the benefits of a credit card. The company was founded in 2019 and is based in Mexico City, Mexico.
BNEXT is a digital financial products marketplace where users can find alternatives to their financing, investment, and savings needs. The company was founded in 2016 and is based in Madrid, Spain.
Agibank is a technology company that offers financial products and services. Its aim is to improve the daily lives of people through financial inclusion of the emerging social classes in Brazil, today precariously served or at the margin of the traditional banking system. Agibank has a differentiated value proposal focused on a business model structured through a highly scalable digital infrastructure.
Digio is a digital payment platform and online credit card created via a partnership between Bradesco and Banco do Brasil in 2016.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.