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New Deal


Announced

Nubank to acquire a minority stake in Easynvest from Advent.

Synopsis

Nubank, a digital banking services provider, agreed to acquire a minority stake in Easynvest, a Fintech company, from Advent International. Financial terms were not disclosed. "We challenged the status quo in creating a new generation of simple, human-centric financial services products in Latin America. Joining forces with Easynvest will enable us to replicate Nubank’s approach of bringing simplicity and efficiency to a complex market and using technology and customer focus to truly democratize access to great financial services products for everyone. In Easynvest, we have found a partner that not only shares our cultural values and purpose, but also has a strong leadership position,” David Vélez, Nubank Founder and CEO.

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