Announced
Completed
Financials
Sources
Tags
Private Equity
Friendly
Completed
Cross Border
Single Bidder
Minority
Acquisition
Private
banking
financial technology
no fee credit card
credit card
FinTech
Brazil
Venture Capital
Synopsis
Private equity firms GIC, Whale Rock, and Invesco led a $400m Series G funding round in Nubank, a digital banking services provider. Current Nubank investors Sequoia, Tencent, Dragoneer and Ribbit also participated in the round. “It’s an honor for us to welcome such a renowned group of private and public equity investors, who have experience backing some of the most innovative and disruptive companies of our time. We are privileged to have their support and learn from their experience to continue growing our business," David Velez, Nubank CEO and Founder.
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