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Nubank, operated by Nu Pagamentos S.A., is a Brazilian digital bank offering credit cards, personal loans and life insurance.
Nubank's mobile app offers digital credit cards with real-time transaction tracking and the option to block payments, plus personal loans and life insurance. Founded in 2013 by Edward Wible, David Vélez and Cristina Junqueira and based in Sao Paulo, Brazil, the company raised USD 750 million in Series G funding in June 2021, led by Berkshire Partners, at a post-money valuation of USD 30 billion. The funding is planned for expansion into Mexico and Colombia.
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