FinTech Magazine October 2020 | Page 91

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Nubank

Capital raised : $ 1.1bn

Earning the distinction of being the largest FinTech currently operating in Latin America , Nubank ’ s story began in São Paulo , Brazil , in 2013 . The company offers a comprehensive range of products and services , including current accounts , credit cards , loans and business accounts . Nubank also boasts an easy-to-use reward programme for customers to get the most out of their money . Currently serving over 20m customers throughout the continent , the company also holds a Guinness World Record for most ‘ unboxings ’ of a single product simultaneously , which it acquired when it launched its new credit card in 2018 .
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