Tech

Tech Roundup: Nubank rise a good omen for Brazilian fintechs

Nubank atop all other independent banks, Brazil's regulatory agenda for 2021, and the rise of 'live commerce' in Brazil

nubank fintech brazil investment
Photo: Jo Galvao/Shutterstock

You’re reading The Brazilian Report’s weekly tech roundup, a digest of the most important news on technology and innovation in Brazil. This week’s topics: a new round of investments puts Nubank atop all other independent banks, Brazil’s regulatory agenda for 2021, and the rise of ‘live commerce’ in Brazil.  

Nubank rise a good omen for Brazilian fintechs 

Nubank has officially ascended to the top table of Brazil’s banking industry. After securing a new investment of USD 400 million in a Series G funding round, the company raised its market value to an eye-popping USD 25 billion. The company claims it...

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