Nubank is a Brazilian neobank and the largest fintech bank in Latin America. Its headquarters are located in São Paulo, Brazil. The company also has engineering offices in Berlin, Germany, Buenos Aires, Argentina, and an office in Mexico City, Mexico.
In December 09, 2021, Nubank officially launched its public IPO offering on the NYSE, valuing the company at US$45 billion, making it the most valuable digital neobank
Among the company’s products are NuConta (a digital account), an international credit card, both without fees, personal loans, life insurance and investments. The company’s differentiating factor is to offer a credit card which is controlled completely through the means of a mobile app. The app allows its users to track transactions in real time, block their respective credit card, apply for a limit raise and contact customer support.
Some of Nubank’s investors are Sequoia Capital, Founders Fund, Kaszek Ventures, Tiger Global Management, Goldman Sachs, Berkshire Hathaway, QED Investors and DST Global.
Today, Nubank has over 35 million customers in Brazil and 38 million customers all over the world.
The Nucoin will be available to Nubanl’s 70 million customers across Brazil, Colombia and Mexico. Famed investor Warren Buffett holds a major stake in Nubank.
