Nubank raises USD 400 mln in funding round led by TCV

Monday 29 July 2019 14:26 CET | News

Latin-American fintech Nubank has raised USD 400 million in its Series F investment round led by US-based growth equity company TCV.

Other investors include Tencent, DST Global, Sequoia Capital, Dragoneer, Ribbit Capital and Thrive Capital.

The Brazilian fintech’s portfolio has expanded to include personal loans as well as a digital account with debit functions for consumers and SMEs.

Recently, the bank expanded its operations across Mexico and Argentina.

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Keywords: Nubank, funding, fintech, loans, SMEs
Countries: World