Nubank

A digital financial services platform in Latin America. Its mobile app offers credit cards, accounts, personal loans, investments and insurance in Brazil, Mexico and Colombia.

FintechDigital bankingSão Paulo, Brazil
FoundersSince 2013
Valuation
$42B
Total raised
$2.0B
Last round · Jun 2021
Series G extension I
Founded
2013
Employees
10,027
Quarters in VP50
6

Valuation

$100M$1B$10B20172018201920202021$30B
Nubank priced rounds
RoundDatePost-money valuationRaisedLed by
Series CJan 7, 2016$500M$52MFounders Fund
Series EMar 2, 2018$2.0B$150MDST Global
Series E1Oct 8, 2018$4.0B$90MTencent
Series FJul 26, 2019$10B$400MTCV
Series GJan 28, 2021$25B$400MGIC, Invesco, and Whale Rock
Series G extension IJun 8, 2021$30B$500MBerkshire Hathaway
Series G extension IIJun 8, 2021$30B$250MSands Capital
Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated

In VP50

  1. Q4 2023: no place
  2. Q1 2024: no place
  3. Q2 2024: no place
  4. Q3 2024: no place
  5. Q4 2024: no place
  6. Q1 2025: no place
  7. Q2 2025: no place
  8. Q3 2025: no place
  9. Q4 2025: no place
  10. Q1 2026: no place
  11. Q2 2026: no place
  12. Q3 2026: no place
  13. Q4 2026: no place

Place by quarter since Q4 2023. Best place #17, in Q4 2020.

Funding rounds

DateRound · leadRaisedValuation
Jun 8, 2021Series G extension I · Berkshire Hathaway$500M$30B
Jun 8, 2021Series G extension II · Sands Capital$250M$30B
Jan 28, 2021Series G · GIC, Invesco, Whale Rock$400M$25B
Jun 19, 2020Funding round$300M—
Jul 26, 2019Series F · TCV$400M$10B
Oct 8, 2018Series E1 · Tencent$90M$4.0B
Mar 2, 2018Series E · DST Global$150M$2.0B
Dec 7, 2016Series D · DST Global$80M—
Jan 7, 2016Series C · Founders Fund$52M$500M
Jun 2, 2015Series B · Tiger Global Management$30M—
Sep 25, 2014Series A · Sequoia Capital$14M—
Jun 2013Seed$2M—

Team

Nubank | Venture Place