Nubank

Nubank

Leading financial technology company in Latin America and the largest independent neobank in the world. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues360m1.1b3.0b5.6b11.4b14.6b18.4b
% growth-218 %159 %90 %102 %28 %26 %
Profit(171m)(165m)(365m)1.0b1.9b2.7b3.8b
% profit margin(48 %)(14 %)(12 %)18 %16 %19 %21 %
EV / revenue-37.8x6.4x7.0x6.3x4.9x3.9x
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DateInvestorsAmountRound
-

N/A

-

$2.0m

Seed

$14.3m

Series A

$30.0m

Series B

$52.0m

Valuation: $500m

Series C

$56.0m

Debt

$80.0m

Series D

$144m

Debt
*

$150m

Valuation: $1.0b

Series E
*

$180m

Valuation: $4.0b

Late VC
*

$130m

-

$400m

Valuation: $10.0b

48.1x EV/LTM Revenues

Series F

$300m

Valuation: $10.0b

27.8x EV/LTM Revenues

Late VC

$400m

Valuation: $25.0b

69.5x EV/LTM Revenues

Series G

$750m

Valuation: $30.0b

83.3x EV/LTM Revenues

Series G
N/A

$2.6b

Valuation: $41.5b

115.3x EV/LTM Revenues

IPO
*

$650m

Post IPO Debt
*

$150m

Post IPO Debt
*

$6.6m

Post IPO Equity
*

$265m

Post IPO Debt
*

$150m

Post IPO Debt
Total Funding€2.3b

Recent News about Nubank

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More about Nubankinfo icon
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Nubank is a leading digital bank in Latin America, providing a range of financial services primarily through its mobile app. The company serves individual consumers and small businesses, offering products such as credit cards, personal loans, and digital payment solutions. Operating in the fintech sector, Nubank aims to simplify banking by eliminating fees and providing a seamless user experience. Its business model revolves around earning interest from loans and transaction fees from merchants. Nubank has rapidly expanded its customer base across Brazil, Mexico, and Colombia, leveraging technology to offer accessible and transparent financial services. The company generates revenue through interest on credit products, interchange fees, and premium services. Nubank's innovative approach and customer-centric model have positioned it as a major player in the Latin American financial market.

Keywords: digital banking, fintech, credit cards, personal loans, mobile app, Latin America, no fees, user-friendly, financial services, technology-driven.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.
Investments analysisEdit

Investments by Nubank

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Juntos
ACQUISITION by Nubank Aug 2021
Cognitect
ACQUISITION by Nubank Jul 2020
Olivia AI
ACQUISITION by Nubank Nov 2021
Easynvest
ACQUISITION by Nubank Sep 2020
Spin Pay
ACQUISITION by Nubank Aug 2021
Akala
ACQUISITION by Nubank Sep 2021
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