Tag: Nubank

FinTech companies in the region raised $9.7bn so far in 2021 boosted by huge funding rounds in Brazil

Funding in H1 2021 already surpassed last year’s total by $4.7bn, fueled by sizeable deals over $50m

H1 2021 surpasses entirety of 2020 funding by $4.4bn, boosted by large deals over $50m

WealthTech companies raised $6.6bn across 162 deals in Q1 2021 with Robinhood completing a massive $3.4bn funding round.

FinTech companies in the region raised over $1.1bn in the first quarter of the year with Loft and Nubank closing large investments.

Swedish challenger bank Northmill has secured $30.1m in a new funding round led by investor M2 Asset Management.

WealthTech companies globally raised $9.3bn last year across 443 transactions setting a record for both funding and deal activity.

Latin American ventures, Iron Man-backed enterprises and buy now pay later startups among the big winners of the 29 FinTech funding rounds reported on last week.

Latin American challenger bank decacorn Nubank has reportedly more than doubled its valuation to reach an eye-watering $25bn.

FinTech companies in Latin America raised nearly $2.9bn with funding in Brazil accounting for $1.84bn