Search Results for "Nubank"
2 results for "Nubank"
Deals 2
Belvo Raises $43M Series A to Scale Open Finance APIs in LatAm
Belvo, a Latin American open finance API platform often called 'LatAm's Plaid,' raised $43 million in a Series A round. Investors included Kaszek, Future Positive, Kibo Ventures, FJ Labs, MAYA Capital, VentureFriends, and angels such as Nubank's David Vélez and Wise's Harsh Sinha. The round was the largest Series A for a LatAm fintech at the time per Crunchbase data. The funding will help Belvo scale its developer-first API that connects apps to bank accounts, tax authorities, and gig platforms across Mexico, Brazil, and Colombia.
Nubank Raises $180M From Tencent at $4B Valuation
Brazilian digital bank Nubank raised $180 million from Chinese tech giant Tencent, valuing the company at $4 billion. The investment from Tencent represents a significant cross-border bet on Latin America's largest digital banking platform. The funding supports Nubank's expansion of its financial services ecosystem in Brazil.