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Warren Buffett-backed Brazilian digital bank Nubank went public this morning -- under the ticker "Nu" on the New York Stock Exchange (NYSE) -- in a $41.5 billion valuation. This valuation makes the...
Nubank is a Brazilian neobank headquartered in São Paulo, Brazil. It is the largest fintech bank in Latin America, with 80.4 million customers in Brazil and 1.51 million between Mexico and Colombia and a revenue of $1.69B. [citation needed] At its IPO in December 2021, Nubank was valued at $45 billion. [ 2][ 3]
Today, Nubank's stock is down about 42% from that IPO high, with shares up 92% year to date. Nubank Cofounder Cristina Junqueira` "But the reality is, there's still so much ahead of us," she says.
Shares in Nubank rose nearly 8% in after-hours trading on Tuesday as investors welcomed a narrower fourth-quarter loss at Latin America's most valuable fintech, which added new clients and sold ...
Cristina Junqueira. Cristina Junqueira. Born. Ribeirão Preto, São Paulo, Brazil. Known for. Co-founder of Nubank. Cristina Junqueira, co-founder of Nubank, is an entrepreneur in the fintech space. [1] With a background in engineering, she transitioned from management consulting to supervising a credit card portfolio at a major Brazilian bank.
Nubank: 30 June 2021 [611] December 2021 IPO 45 Brazil David Velez, Edward Wible, Cristina Junqueira Meituan-Dianping: 30.0 October 2017 [136] September 2018 [612] IPO 53 China Kuaishou: 28 December 2019 [613] January 2021 [614] IPO 60.9 China Su Hua, Cheng Yixiao Instacart: 24 March 2022 () [13] September 2023 [615] IPO 11 United States
Online lender Nubank is targeting a valuation of over $50 billion for its initial public offering in the United States, which would make it more valuable than Brazil's largest traditional lender ...
Tiger Global Management, LLC (often referred to as Tiger Global and formerly known as Tiger Technology) is an American investment firm founded by Chase Coleman III, a former Tiger Management employee under Julian Robertson, in March 2001. It mainly focuses on internet, software, consumer, and financial technology companies.