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Nubank

#27 on Setter30 Most recent: Q3 2021
São Paulo, Brazil Financial Services Public

Nubank is the largest digital bank in Latin America, offering credit cards, banking services, and financial products to customers across Brazil, Mexico, and Colombia through a mobile-first platform.

Public Company

Nubank is publicly traded

IPO'd on December 9, 2021

NU NYSE

This company is no longer available on our private secondary market. Shares can be traded publicly under NU.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2013

Employees

10,000–11,551

Total Funding

$1.91B

9 rounds

Last Private Valuation

$30B

June 2021

Funding

Total raised $1.91B across 9 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series G (extension)

Date

June 2021

Amount

$750M

Valuation

$30B

Lead Investors

Berkshire Hathaway
DateRoundAmount RaisedValuationLead Investors
June 2021 Series G (extension) $750M $30B Berkshire Hathaway
January 28, 2021 Series G (initial close) $400M $25B GIC, Whale Rock, Invesco
July 2019 Series F $400M $10B TCV

Funding by Round

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Valuation Trajectory

Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.

If you invested at:
1x 2x 5x 10x 20x 50x 2016 2017 2018 2019 2020 2021 Nubank

Entry · Series C

$0.5B

Jan 2016

Nubank today

$30B

Jun 2021 · latest mark

Nubank multiple

60.0x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • David Vélez

    Founder and CEO

    LinkedIn
  • Cristina Junqueira

    Co-Founder, Chief Growth Officer

  • Edward Wible

    Co-Founder, Director of Technological Platforms

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Itaú Unibanco

    Largest private bank in Latin America with successful digital transformation and iti digital subsidiary.

  • Banco Inter

    Brazilian digital bank with approximately 33 million customers competing in the LatAm market.

  • C6 Bank

    JP Morgan-backed digital bank focused on high-income segment with premium banking services.

  • Mercado Pago

    MercadoLibre's fintech ecosystem player providing payment and banking services across LatAm.

  • Banco do Brasil

    Government-controlled Brazilian bank competing in retail and business banking segments.

  • Santander Brasil

    International banking subsidiary competing across retail and corporate segments in Brazil.

Nubank Investment FAQ

Nubank FAQ

Yes, Nubank is publicly traded under the ticker symbol NU on the NYSE. The company went public in December 9, 2021.

Nubank trades under the ticker symbol NU on the NYSE. It began trading in December 9, 2021.

Nubank (NU on the NYSE) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker NU to place an order.

Nubank went public in December 9, 2021 via ipo, with an offering valuation of approximately $30B. Nubank completed its IPO on NYSE (ticker: NU) on December 9, 2021 at a $41-50B valuation, with current market cap of approximately $72B as of April 2026. The company is now the largest digital bank in Latin America.

Nubank raised $1.91B across 9 disclosed funding rounds prior to its public listing.

Nubank was co-founded by David Vélez, Cristina Junqueira, and Edward Wible in 2013.

Nubank is headquartered in São Paulo, Brazil.

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Data collected with AI, which can make mistakes. Please double-check this information.