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Nubank - About the company

Nubank is a public company based in Sao Paulo (Brazil), founded in 2013 by David Velez, Edward Wible, Cristina Junqueira and Hiago Machado. It operates as a Provider of digital banking services, including credit cards and accounts. Nubank has raised $2.27B in funding from investors like Sequoia Capital, DST Global and Founders Fund. The company has 2001 active competitors, including 202 funded and 114 that have exited. Its top competitors include companies like Revolut, Monzo and Mercury.

Sectors and market segments that Nubank operate in

Nubank serves in the FinTech market segments.The primary business model of Nubank is:

Company Details

Provider of digital banking services, including credit cards and accounts. It offers various financial solutions through its application. These solutions include tools for managing money and protecting finances. The company focuses on providing accessible and straightforward banking experiences.
Social
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Email ID
*****@nubank.com.br
Phone Number
+55 **********
Key Metrics
Founded Year
2013
Location
Sao Paulo, Brazil
Stage
Public
Total Funding
$2.27B in 12 rounds
Latest Funding Round
Ranked
Annual Revenue
€1B+ as on Dec 31, 2024
Employee Count
11,551 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Nubank's IPO details

Nubank got listed on Dec 09, 2021.
Click here to take a look at Nubank's IPO in detail
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Nubank's funding and investors

Nubank has raised a total funding of $2.27B over 12 rounds. Its first funding round was on Jul 17, 2013. Its latest funding round was a Series G round on Jun 08, 2021 for $750M. 9 investors participated in its latest round. Nubank has 40 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Nubank:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 08, 2021
$750M
Series G
$30B
8.3x
Jan 28, 2021
$400M
Series G
$25B
19.3x
Aug 28, 2020
$300M
Series F
-
-
-
-
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Nubank's founders and board of directors

Founder? Claim Profile
The founders of Nubank are David Velez, Edward Wible, Cristina Junqueira and Hiago Machado. David Velez is the CEO of Nubank.
Here are the details of Nubank's key team members:

Nubank's employee count trend

Nubank has 11,551 employees as of Mar 26. Here is Nubank's employee count trend over the years:
Employee count trend for Nubank
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Nubank's Competitors and alternates

Top competitors of Nubank include Revolut, Monzo and Mercury. Here is the list of Top 10 competitors of Nubank, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Nubank
Nubank
2013, Sao Paulo (Brazil), Public
Provider of digital banking services, including credit cards and accounts
$2.27B
89/100
2nd
Logo for Revolut
Revolut
2015, London (United Kingdom), Series E
Provider of banking solutions for retail customers and businesses
$1.99B
86/100
3rd
Logo for Monzo
Monzo
2015, United Kingdom, Series I
Provider of digital banking services including savings accounts and loans
$2.41B
84/100
4th
Logo for Mercury
Mercury
2017, San Francisco (United States), Series D
Provider of a comprehensive online platform offering a range of financial services
$546M
83/100
5th
Logo for Chime
Chime
2012, San Francisco (United States), Public
Digital bank for individuals
$3.15B
83/100
6th
Logo for Qonto
Qonto
2017, Paris (France), Series D
Provider of business account, payment cards, and financial management solutions
$717M
82/100
7th
Logo for Starling Bank
Starling Bank
2014, London (United Kingdom), Series D
Provider of digital banking services including savings and payment accounts
$1.01B
82/100
8th
Logo for Ally
Ally
1919, Detroit (United States), Public
Provider of banking, auto finance, investing, and life insurance products
$1.3B
81/100
9th
Logo for Dave
Dave
2016, Los Angeles (United States), Public
Developer of a mobile banking application offering financial management tools
$63.6M
81/100
10th
Logo for Brex
Brex
2017, San Francisco (United States), Acquired
Provider of financial software platform, cards, banking, expense, and accounting
$1.2B
81/100
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Nubank's Investments and acquisitions

Nubank has made 13 investments in companies including Tyme and Jupiter. Nubank has also acquired 9 companies including Banco Porto Real De Investimentos and Hyperplane.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jul 21, 2026
Acquisition
1998
Rio de Janeiro (Brazil)
Dec 17, 2024
Investments
2012
Singapore (Singapore)
Jun 26, 2024
Acquisition
2022
Palo Alto (United States)
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Reports related to Nubank

Here is the latest report on Nubank's sector:

News related to Nubank

lockFilter this list
Media has covered Nubank for a total of 98 events in the last 1 year, 52 of them have been about company updates and 10 about partnerships.
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