Nubank is the leading financial technology company in Latin America and the largest independent neobank worldwide, with more than 20 million clients. Initially a no-fee credit card managed by a mobile app, Nubank has since expanded to include a proprietary loyalty rewards program, digital account and personal loans.
- Founded 2013
- Partnered 2013
Why we invested
David had an idea to serve a large, underserved group of customers in the financial services market in Brazil. It had the potential to be a big opportunity if tackled right. His vision combined with astonishing executional zeal and digital design prowess quickly made us believers in Nubank’s ability to transform banking.