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.
- Website
- nubank.com.br
- 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
Investors
Ranked
1st among 2001 active competitors
Annual Revenue
€1B+ as on Dec 31, 2024
Employee Count
11,551 as on Mar 31, 2026
Investment & Acquisitions
Exit Details
Public
Legal entities associated with Nubank
Nubank is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NU INVEST CORRETORA DE VALORES S.A CIN: 62.169.875/0001-79 , United States, Active | Jul 07, 1968 | - | 7676 (As on Dec 31, 2023) | - |
NU FINANCEIRA S.A. - SOCIEDADE DE CREDITO, FINANCIAMENTO E INVESTIMENTO CIN: 30.680.829/0001-43 , Brazil, Active | Jun 12, 2018 | $1M - $10M (As on Dec 31, 2023) | - | - |
NU PAGAMENTOS S.A. - INSTITUICAO DE PAGAMENTO CIN: 18.236.120/0001-58 , Brazil, Active | Jun 04, 2013 | €1B+ (As on Dec 31, 2024) | - | - |
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:
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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 | - | - | - | - |
View details of Nubank's funding rounds and investors
Nubank's founders and board of directors
Founder? Claim ProfileThe 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:
- David Velez: Founder & CEO of Nubank and founder of 3 other companies, NuPay for Business, Nu invest and Investidores.nu. They are also an angel investor in 23 startups.Contact Info: 1 phone number
- Edward Wible: Co-Founder & Software Engineer of Nubank and founder of 3 other companies, NuPay for Business, Investidores.nu and Nu Mexico. They are also an angel investor in 2 startups.
- Cristina Junqueira: Co-Founder of Nubank and founder of 3 other companies, NuPay for Business, Investidores.nu and Nu Mexico. Contact Info: 1 email address and 1 phone number
- Hiago Machado: Software Engineer, Technical Founder of Nubank. Contact Info: 1 email address and 1 phone number
View details of Nubank's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of digital banking services, including credit cards and accounts | $2.27B | 89/100 | ||
2nd | Revolut 2015, London (United Kingdom), Series E | Provider of banking solutions for retail customers and businesses | $1.99B | 86/100 | |
3rd | Monzo 2015, United Kingdom, Series I | Provider of digital banking services including savings accounts and loans | $2.41B | 84/100 | |
4th | Mercury 2017, San Francisco (United States), Series D | Provider of a comprehensive online platform offering a range of financial services | $546M | 83/100 | |
5th | Chime 2012, San Francisco (United States), Public | Digital bank for individuals | $3.15B | 83/100 | |
6th | Provider of business account, payment cards, and financial management solutions | $717M | 82/100 | ||
7th | Starling Bank 2014, London (United Kingdom), Series D | Provider of digital banking services including savings and payment accounts | $1.01B | 82/100 | |
8th | Ally 1919, Detroit (United States), Public | Provider of banking, auto finance, investing, and life insurance products | $1.3B | 81/100 | |
9th | Dave 2016, Los Angeles (United States), Public | Developer of a mobile banking application offering financial management tools | $63.6M | 81/100 | |
10th | Brex 2017, San Francisco (United States), Acquired | Provider of financial software platform, cards, banking, expense, and accounting | $1.2B | 81/100 |
Looking for more details on Nubank's competitors? Click here to see the top ones
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:
Filter 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) |
See all investments and acquisitions by Nubank
Reports related to Nubank
Here is the latest report on Nubank's sector:
News related to Nubank
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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Motorola announces master sponsorship for Nubank Arte LabPropmark•Aug 05, 2026•Motorola Mobility, Nubank
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OpenAI Appoints Nubank Founder and BNY CEO to its BoardsTech in Asia•Jul 22, 2026•Nubank, OpenAI, BNY
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Nubank Acquires Banco Porto Real to Integrate Banking License in BrazilGrupoglobo•Jul 21, 2026•Nubank, com.br, CVPAR, Santander
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Nubank's NuCel Reaches One Million Customers, Highlighting the Potential of MVNOsGrupoglobo•Jul 21, 2026•Nubank
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Nubank Appoints Livia Chanes as New CEO for Latin America to Drive International GrowthPYMNTS.com•Jul 16, 2026•Nubank
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Sumitomo Mitsui Trust Group Inc. Has $272.74 Million Position in Nu Holdings Ltd. $NUStock Observer•Jul 09, 2026•Sumitomo Mitsui Trust Group, Nubank
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Brazil’s Nubank Now Among Most Widely-Used Digital Banking Platforms in Latin AmericaCrowdfund Insider•Jul 09, 2026•Nubank
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Nubank and Amazon Brazil Extend Partnership with Flexible PaymentsCrowdfund Insider•Jul 02, 2026•com.br, Nubank
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