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  • 2020
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  • Brazilian challenger bank Nubank raised $300m
Banks, DealsSeptember 3, 2020September 8, 2020

Brazilian challenger bank Nubank raised $300m

Nubank has raised $300 million in fresh funding. Five undisclosed investors participated in the deal.

The news comes after NuBank announced the it now had 26 million customers in June.

The existing investors of the fintech firm include TCV, Tencent Holdings, DST Global, Sequoia Capital, Dragoneer, Ribbit Capital, Kaszek, and Thrive Capital.

Read more on the topic: the Verdict

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