Brazil FinTech Nubank received fresh $400M at record-breaking $25B valuation
Forget the European FinTechs like Revolut, N26, Monzo, or Starling Bank. Brazil's Nuban beats them all. The Brazilian superstar Nuban announced that it had raised a $400M, putting their total funding to $1.2B. The company received an astonishing $25 billion valuation (up from $10 billion in 2019). They have an impressive track record and managed to acquire 34 million users' customer base.