Nubank Raises $1 Billion to Simplify Finance and Empower Latin America

Nu is thrilled to announce a groundbreaking milestone as it successfully raised US$1,000,000,000 in our latest funding round—a testament to our vision and enduring mission. Born in 2013 with the goal to fight complexity and empower people in their daily lives, Nu has evolved into one of the world’s largest digital banking platforms, serving more than 100 million customers across Brazil, Mexico, and Colombia. This infusion of capital will be strategically deployed to further dismantle traditional barriers in financial services, enabling us to enhance our innovative technology and expand our suite of digital solutions. As one of the leading technology companies globally, we remain committed to leveraging our proprietary systems and pioneering business practices to create financial experiences that are not only simple, intuitive, and convenient but also low-cost and deeply empowering. This strategic investment positions Nu to accelerate our mission of delivering accessible financial services that truly resonate with both individuals and small to medium-sized enterprises (SMEs) looking to thrive in today’s dynamic economy. By continuing to push the boundaries of what digital banking can achieve, we are set to introduce new product features, improve security protocols, and expand our presence throughout Latin America, ushering in a new era of financial inclusivity. Our relentless pursuit of innovation is deeply rooted in our commitment to create human-centric experiences, and this funding round reinforces our promise to revolutionize financial services while providing reliable, transformative solutions to our growing community. We are excited and energized by this new chapter, and we look forward to harnessing this investment to further empower our customers and reshape the future of banking.