Nubank is the largest FinTech in Latin America and one of the most innovative companies in the world, according to the 2019 Fast Company ranking. The company’s differentiating factor is to offer a credit card which is controlled through the mobile app.
January 13, 2021India’s Paytm and Brazil’s Nubank could soon turn the corner to profitability thanks to surging demand for digital payment services in India and Brazil amid the ongoing COVID-19 pandemic.
“We could ...
October 20, 2020We’d hate to spoil the surprise .. so we won’t. Or perhaps it’s more accurate to say “they” didn’t spoil the surprise. Who are “they?” They are the brands tracked ...
September 11, 2020In its efforts to grow into a full-service financial company, Nubank has come to the decision to buy broker Easynvest. Nubank Founder David Vélez said the Brazilian finance startup agreed ...
June 10, 2020App-based digital challenger banks have been solidifying and expanding customer bases ever since COVID came to town. And while PYMNTS’ latest Provider Ranking of Digital Banking Apps shows consistency at ...
April 29, 2020Consumers facing job insecurity and COVID-19 stay-at-home orders are rethinking when and how they make payments, and FIs must respond. David Vélez, founder and CEO of Brazil-based digital-only FI Nubank, ...
April 28, 2020 The coronavirus pandemic has left consumers staying home when possible to stop the virus’s spread. It has also made them wary of taking on debt because their financial circumstances could ...
March 3, 2020Brazilian banking startup Nubank is going to launch its Nu credit card in Mexico in an attempt to capture a piece of the country’s population of 36 million unbanked, according ...
February 25, 2020Dubbed “challenger banks” for shaking up the status quo of banking as we’ve always known it, digital banks with awesome apps are the FinTech alternative to more staid financial institutions ...
December 17, 2019With a bewildering number of choices, banking apps fueled by Tencent Holdings Ltd, SoftBank Group Corp, and other players are spreading in Brazil, as some critics note a shakeout is ...
December 17, 2019One of the biggest tests for FinTech in the coming years is how well it can serve businesses that don’t have easy or efficient access to credit. That test is ...
December 6, 2019In today’s top news in payments, Visa has announced it’s going to begin a new certification program in dispute resolution, as well as fund scholarships that can be used toward ...
October 13, 2019The largest FinTech startup in Latin America — Brazil’s Nubank — is reporting a 25 percent increase in the number of clients since August, Reuters reported on Friday (Oct. 11).
The ...
September 11, 2019Kill the check. Shutter the branch. Make that leather wallet a mobile one, wielded on smartphones.
The push toward digital banking seems an inexorable one, with the technology and demographics acting as tailwinds, ...
July 30, 2019The U.K. may be the world’s hotbed for challenger banks, but it’s not the only market witnessing a surge in bank competition and industry evolution as a result of FinTech ...
July 28, 2019The Brazil-based FinTech Nubank raised $400 million in a Series F round of funding led by TCV, making it the first major Latin American investment by the Menlo Park, California ...
July 17, 2019Brazil FinTech Nu Pagamentos SA, also known as Nubank, is preparing to launch small business digital accounts, Reuters reported on Tuesday (July 16).
First launched as a credit card issuer, Nubank ...
June 27, 2019The digital payments news out of Brazil has been fast and furious over the last few weeks – particularly when it comes to blockchain. And while the continual drumbeat of announcements ...
February 27, 2019N26, the FinTech startup, is gearing up to enter the Brazilian market.
According to a report, N26 said during MWC in Barcelona on Wednesday (Feb. 27) that it will soon launch its ...
October 9, 2018China’s Tencent Holdings paid $180 million for an undisclosed minority stake in Brazilian FinTech Nu Pagamentos SA (known as Nubank). As a result of the investment, Nubank is now worth ...
March 23, 2018In Brazil, the antitrust watchdog, Cade, is looking into the credit card industry, with an eye on possible anticompetitive practices.
The investigation comes, Reuters reports, after a complaint by Nubank, a ...
September 28, 2016Can a smartphone keep your money safe from fraud? September’s PYMNTS Digital Identity Tracker™ features an interview with David Velez, CEO of Brazilian digital financial services provider Nubank, about using ...
September 27, 2016Can a smartphone keep your money safe from fraud? September’s PYMNTS Digital Identity Tracker™ features an interview with David Velez, CEO of Brazilian digital financial services provider Nubank, about using ...