nubank investor presentationnubank investor presentation

nubank investor presentation29 Mar nubank investor presentation

40Seas leverages AI and data analytics to determine creditworthiness, and offers flexible payment arrangements to provide small importers and exporters, freight forwarders, and sourcing agencies with critical working capital. Shares Of Digital Bank Nubank Rise 15% In IPO, Valuing The Company At $45 Billion And Minting A New Female Billionaire Cofounder. Nubank appoints Arturo Nuez as Chief Marketing Officer, Former Apple, Nike, and NBA Exec. Brazils open banking project, approved in 2019 by the countrys central bank, is part of a larger modernization effort for the Brazils entire financial system. 1 0 obj Our credit portfolio grew significantly above market and maintained healthy quality levels. We are glad you're interested.Please, apply on theBrazilian Portuguese version of our website.External Link. NuBank will use the funds from todays investment to fuel further expansion into Mexico and Colombia, launch new products, and hire more employees. Whenever you wish to invest in any product available on the NuInvest app, youll need to make a transfer to it. ThetaRay estimates that the cross-border payments market will grow from $37.15 trillion in 2020 to nearly $40 trillion by 2026, potentially attracting an even greater number of fraudsters and thieves. The !ompany Nubank is a So Paulo-based fintech company which was founded in 2013 by David Vlez to offer a fair and transpar-ent banking . Nu will hold a Conference Earnings Call today at 6:00pm Eastern time / 7:00pm Braslia time with simultaneous translation in Portuguese and English. The forward-looking statements can be identified, in certain cases, through the use of words such as believe, may, might, can, could, is designed to, will, aim, estimate, continue, anticipate, intend, expect, forecast, plan, predict, potential, aspiration, should, purpose, belief, and similar, or variations of, or the negative of such words and expressions. ,TMpHV&~xJz;( Hj?Wr/FJNr({'g!$$7,J{ 3-:'y1ewSL8O?qC2wCJpL2.hCG;$GRrS9C!\{a'bpx \nwtlM9( ;xH%4BT$*WAVw7j Cristina Junqueira, co-founder of the largest independent digital bank in the world, is the only Brazilian featured in this years Fortune 40 under 40 list. Improving our valuation in the light of the current market environment is the true testament to our progress in the last twelve months and the large potential ahead.. Mexico 3.2MM So Paulo, Brazil, February 22, 2022 Nu Holdings Ltd. (NYSE: NU | B3: NUBR33), (Nu or the Company), one of the worlds largest digital banking platforms and one of the leading technology companies in the world, released today its Fourth Quarter and Full Year 2021 financial results. ), Nubank takes next step in international expansion and launches in Colombia. This week, we learned that Indian payment solution provider PayMate has teamed up with both Visa and Citi to automate business payments in the UAE. Edward Wible, Nubank's CTO, shares his perspective on the future of Clojure and Datomic, and how the powerful ideas that guide these technologies helped shape Nubanks culture and business. Analyst Coverage. Founded in 2003, FreshBooks is active in more than 160 countries, including Croatia, Mexico, the Netherlands, and the U.S. as well as its native Canada. So Paulo, Brazil, February 22, 2022 - Nu Holdings Ltd. (NYSE: NU | B3: NUBR33), ("Nu" or the "Company"), one of the world's largest digital banking platforms and one of the leading technology companies in the world, released today its Fourth Quarter and Full Year 2021 financial results. Investing in high-quality growth companies with strong fundamentals. And while bringing UPI to the UAE will be a major boon for Indian travelers and expats in the country, the UAE stands to benefit as well from the support that additional digital payment activity will provide to the UAEs digital payments ecosystem. Nubanks financial statement: twice as many customers and BRL 19 billion cash. In essence, Nubank estimates that its serviceable addressable market (SAM) added up to $99 billion in 2020. It is not just a matter of collecting, analysing and interpreting data. NU also is showing sneak peeks of profitability in their higher penetrated market, Brazil (36% capture of total adult population). Its undeniable that LatAm is a massive fintech opportunity poised to decrease the unbanked population and provide better/cheaper access to financial products. With more than 30 million customers across Brazil and Mexico, Nubank reinforces its positioning as leader of digital banking in Latin America. This weeks funding takes Buckzys total equity capital to more than $23 million. Business customers (SMEs): 2.5MM Also this week we learned of that a partnership between the National Payment Corporation of India (NPCI) and UAE-based Mashreq Bank will bring Unified Payments Interface (UPI) to the UAE to support Indian business and leisure travelers to the country. To pre-register for this call, please click here. What does Nubank culture have to do with customer focus? The previous month, Veritran teamed up with behavioral biometric-based online fraud detection platform Revelock to help banks reduce fraud losses and call center costs. 40Seas is headquartered in Tel Aviv and has offices in New York City, Toronto, and Shenzhen. CLICK HERE RIGHT NOW! It is currently based in Sao Paulo, Brazil. Making its Finovate debut in 2015, ThetaRay offers banks and financial payment providers the ability to detect anomalies in multiple data sets, regardless of size or source. Say goodbye to all the myths youve heard about investing. Visit the blog (pt-BR)External Link, Nubanks investment products are distributed by NuInvest and Nu DTVM, Learn more about Donos do Pedao (pt-BR)External Link, Business hours - 9 AM to 6 PM (business days), 2021 Nu Pagamentos S.A - Instituio de Pagamento. Stock Chart and Quote. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Stock Market (StockMarket.com) is a true disrupter, vastly improving the way people consume financial market data. Nu is one of the worlds largest digital banking platforms, serving nearly 60 million customers across Brazil, Mexico and Colombia. Gilthorpe is a finance and insurance industry veteran with more than 25 years of experience at firms such as TIBCO, Vertexone, and Watersmart Software. In other international fintech news, Canadian Finovate alum Buckzy Payments announced an expansion to the Netherlands and its plan to pursue an EMI (Electronic Money Institution) license. The second part of Phase 3, enabling payments made with TED (transferncia eletrnica disponvel) and transfers between accounts of the same bank, is set to begin in mid-February of 2022; the third part, enabling payments via bank slip, is slated to begin in late June; and the fourth and final part of Phase 3, enabling payment by debit account, is set to go live at the end of September. A month later, the institution reported a net profit of $72 million (AED 265 million) for the nine months ending September 30th. Get the full list, Youre viewing 5 of 16 executive team members. As one of the leading technology companies in the world, Nu leverages proprietary technologies and innovative business practices to create new financial solutions and experiences for individuals and SMEs that are simple, intuitive, convenient, low-cost, empowering and human. Now fintech fans in particular have another reason to pay attention to whats going on in the chronically under-discussed nation. The company offers real-time, cross border payments services, as well as banking-as-a-service capabilities, via its embedded finance platform. Brazil 70.9MM Fourth Quarter Fiscal Year 2022 Financial Results. In a financial service market where consumers may be feeling neglected, Nubank pushes the friendly neighborhood fintech partner narrative well. Trade Republic enables its more than one million European customers to invest in equities, cryptocurrencies, exchange-traded funds (ETFs), as well as fractional savings plans. Nubanks financial statement: twice as many customers and BRL 19 billion cash. Our customers have always been at the core of everything we do. NU has overall profitability in its sights, but will balance it with growth/expansion by being the lowest cost operating platform in the industry as noted by the CEO: While valuing hyper-growth companies is proven difficult due to not being optimized for income yet, we can still look to the price/sales ratio for some insights. The solution supports a wide range of banking features ranging from money transfers to bill sharing and billpay to merchant payments. Giving consumers the ability to make price comparisons, as well as compare rates and credit offers, are also major new possibilities for consumers that will be available thanks to the introduction of open banking in the country. If all that wasnt enough, Nubank also notes that it saw a net gain of 2 million customers across Brazil, Colombia, and Mexico in the recent quarter. Currenxie, a cross-border payments company based in Hong Kong, Bank of Ghana teamed up with Germanys Giesecke+Devrient (G+D) to support the, Lexology looked at how new legislation in Ukraine could create, Abu Dhabi-based investment platform Sarwa. Leading market position aside, the company boasts an impressive list of backers, even before going public. Nubank neutralizes its carbon emissions and achieves net-zero target. Also participating in the funding were J.P. Morgan, Gaingels, BMO, and Manulife. NU Investments 15 Share Price $4.94 (As of Friday Closing) General Information Description Nu Holdings Ltd is engaged in providing digital banking services. If you are an innovative fintech company with new technology to show, then theres no better time than now and no better forum than FinovateEurope. . The Four Pillars of Customer Service at Nubank. This would especially be the case as the market for digital banks like Nubank continues to grow amidst the current pandemic. This result is driven by our advanced risk modeling, as well as our disciplined and resilient lending, especially in light of the current macroeconomic conditions. The goal of the newly closed investment fund is to discover and support projects and founders with the potential to build and to lead Web3 across DeFi, NFTs, gaming, Metaverse, social, and more, Binance Labs Executive Director of Investments and M&A Ken Li said. <>/ExtGState<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/Annots[ 39 0 R 45 0 R] /MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> What does Nubank culture have to do with customer focus? Nubank intends to list its shares on The New York Stock Exchange under the NU ticker. In these two situations, the brokerage fee will be maintained. 2023 PitchBook. Trade Republic was founded in 2015 by Christian Hecker, Thomas Pischke, and Marco Cancellieri. Binance Labs has invested in and incubated more than 100 projects from more than 25 countries. Unified Payments Interface is an instant, real-time payment system launched by NPCI that enables multiple accounts to be controlled via a single mobile app. Founded in 2005 and maintaining offices in the U.S., Spain, Mexico, Colombia, Uruguay, Chile, Peru, and Guatemala, Veritran offers a low-code platform that helps companies integrate new, enabling technologies into their legacy systems. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. It posted a net loss of BRL 95 million ($17 million) over the six-month period. Telda, a digital banking services provider based in Egypt, Ecuador-based financial infrastructure company Kushki. So every once in a while we move, delete, create things that suit our moment as a team, and make us more productive and focused. The platform, which auto-reconciles both made and received payments in real-time, also allows for settling of corporate card payments directly into the accounts of suppliers. Binance Labs has suggested that the current weakness in digital asset prices might provide an opportunity for investment in companies involved in everything from NFTs to blockchain infrastructure. In other Canadian banking news, Royal Bank of Canada announced that it has purchased U.K.-based HSBCs Canadian business for $10 billion (8.4 billion; C$13.5 billion). All in all, Nubank seems to be appealing to the needs of its core markets effectively. For more information, please visit www.nubank.com.br, Investors RelationsFederico Sandlerinvestors@nubank.com.br, Media RelationsLeila Suwwanpress@nubank.com.br. KreditBee, a fintech platform based in India, Mumbai-based youth banking startup Galgal Money, M bank in Mongolia is the latest customer and, Reuters examined the enduring power of cash and its, Cross-border transactions company Bexs Pay inked partnership with, Latin American fintech infrastructure company Dock, Low code API lifecycle management platform Apiwiz, CinetPay, a digital finance platform serving merchants in French-speaking Africa, South African device identity and authentication solutions provider, German biometrics and digital identity verification company Passbase. European investment and savings platform Trade Republic has topped up its 2021 Series C round with an investment of 250 million led by the Ontario Teachers Pension Plan. As mentioned earlier, the card can be fully managed via a smartphone app. Corporate Presentation - Nubank IR Why Invest? @(Py`0Q@*_(Wu?! Overall, the company is now targeting an IPO price of up to $9 per share, raising a total of $2.86 billion. Nubank Credit Card: from Product to Platform mindset. Publicado el mayo 6, 2022 por . NUs mission is fostering access to financial services across Latin America.". Additional investors include Sands Capital, Canada Pension Plan Investment Board, MSA Capital, Advents Sunley House Capital, Brazilian asset managers Verde Asset Management, as well as Absoluto Partners. Among the latest initial public offerings (IPO) turning heads in the stock market now would be Nu Holdings (NYSE: NU), better known as Nubank. That plan was nixed by the U.S. Justice Department, but Plaid has continued on its innovative path to promote open finance via API. 4acF;unS8(ew:F8GMJAI3 On top of that, Nubank is in a unique position that many fintech companies in the West are not able to enjoy. If youre already a NuInvest client and want to invest in products on the Nubank app, youll just need to create an account on the app. This will initially involve enabling consumers to pay for products and services using PIX without the consumer having to use their banks app. So Paulo, Brazil, May 16, 2022 - Nu Holdings Ltd. (NYSE: NU | B3: NUBR33), ("Nu" or the "Company"), one of the world's largest digital banking platforms, released today its First Quarter 2022 financial results. These elements are expected to begin at the end of March 2022. Were on a mission to build the plumbing for real-time money movement globally, the same way high-speed internet fundamentally shifted the communications industry.. Edward Wible, Nubank's CTO, shares his perspective on the future of Clojure and Datomic, and how the powerful ideas that guide these technologies helped shape Nubanks culture and business. Although I dont expect NU to continue growing at 230%, I wouldnt be surprised at continued triple-digit growth in the short term. The round was led by Mistral Venture Partners and Uncorrelated Ventures. This weeks edition of Finovate Global takes a look at recent fintech headlines emanating from the Great White North this week. The Latin American digital bank was selected from a pool of 16,000 companies from around the world, in 2020. For definitions of these non-IFRS financial measures and reconciliations to the most directly comparable IFRS financial measures, see the full earnings release available on the Companys Investor Relations website a www.investors.nu. Nubank EC-1 Part 1: Origin story. FreshBooks, a cloud accounting software company based in Toronto, Ontario, has raised $130 million in new funding. David Vlez, founder and CEO of Nubank, writes about our commitment to having the best practices over social, environmental, and governance matters - including net-zero emissions. Nubank is one of the world's largest digital banking platforms with 48.1 million customers across Brazil, Mexico and Colombia as of 30 September, up 62% year over year. This fall, Nubank acquired AI-powered assistant company Olivia, announced partnerships with a number of retailers to add a digital commerce section to its app in November, and purchased e-commerce payments company Spin Pay. will lead global marketing efforts as NuBank expands, following the brand's recent repositioning, Technical Writing and the value of documentation. NU is capitalizing on the underbanked population of LatAm while maintaining a high Net Promoter Score (NPS) of around 90. Results Center - Nubank IR. Latin American open finance API platform Belvo raised $43 million in Series A funding. The collaboration will involve both accounts payables and receivables, enabling institutions to benefit from end-to-end payment automation. View category Foundation & Infrastructure, View category Data science & Machine Learning. 0Cx'q' XVsQ;$ All rights reserved. Nubanks co-founder is recognized by Fortune as one of the worlds most influential leaders under 40 years old. Contact IR. The values of a company are essential to ensure excellent customer service. Copyright © 2007-2022 Finovate. Profitability: Brazil region had net income of $13M in the first half of 2022 for the first time ever. Well keep an eye on these and other innovative fintechs that are helping build Israels unique fintech ecosystem. Nubanks co-founder is recognized by Fortune as one of the worlds most influential leaders under 40 years old. In May, FreshBooks co-founder Mike McDerment was featured in Profiles in Leadership where he discussed the companys origins from its humble beginnings in his parents basement to the 500-employee company that is now among the top cloud accounting software firms in the world. Scaling Nubanks mobile development with Flutter. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Nubank has made 6 investments. NuBank is now valued at $30 billion, a figure that rivals the valuation of Brazils number three bank, Banco Santander Brasil. The company will join what may be the largest contingent of Latin America-based fintechs ever assembled at a Finovate event (see below). NUs mission is fostering access to financial services across Latin America.". Your email address is invalid. Nubank stock is on the rise with news of a $1 billion investment into the banking company by Warren Buffett and Berkshire Hathaway. I believe NU is at the forefront of this digitization and destined to capitalize on these geographic and consumer trends while expanding the product offering. O armazenamento ou acesso tcnico estritamente necessrio para a finalidade legtima de permitir a utilizao de um servio especfico explicitamente solicitado pelo assinante ou utilizador, ou com a finalidade exclusiva de efetuar a transmisso de uma comunicao atravs de uma rede de comunicaes eletrnicas. Accordingly, if these investors see value in Nubank, NU stock could turn some heads. Todays news comes after the company brought on two C-level hires, Matt Swann as Chief Technology Officer and Arturo Nunez as Chief Marketing Officer. The service also includes quarterly earnings analysis, trading alerts, current portfolio with position sizes, live chat, technical analysis and much more. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Nubank investor presentation. The company leverages its open API platform to enable its clients and partners to instantly issue and process card payments. An overview of how Flutter has helped us scale our app development to support our hyper-growth. StockMarket.com is a global financial markets platform that strives to educate, inform, engage & empower people to take control of their current & future financial lives, so they can profit within the stock market today! (These are the environments we miss so much during our home office phase in 2020. The Four Pillars of Customer Service at Nubank. We offer access to free stock quotes, stock charts, breaking stock news, top market stories, free stock analyst ratings, SEC filings, stock price history, corporate events, public company financials and so much more. These forecasts, projections and other predictive statements are based on the Companys expectations and are subject to variables and uncertainties. Nubank is the second biggest credit card issuer in Brazil, following Itau Unibanco Holding, according to UBS analysts cited by Reuters. A replay of the webcast will be made available after the call on the Investor Relations page: click here. Backed by legendary investor Warren Buffett, with more than 40m customers and Brazil's biggest pop star on its board, Nubank is on the rise. The target price range of $10 to $11 per share would give a market capitalisation of between $46bn and $50.6bn if achieved, higher than that of Brazil's largest traditional lender, Ita . These forward-looking statements are subject to risks and uncertainties, and may include, among others, financial forecasts and estimates based on assumptions or statements regarding plans, objectives and expectations. This round of financing is a validation of Buckzys vision to create an intelligent and automated international payment system, Buckzy CEO Abdul Naushad said. The round featured participation from new and existing investors including investment angels like David Vlez, founder and CEO of Brazilian fintech Nubank. For more information, including how to attend our autumn fintech conference live or on-demand, visit our FinovateFall hub today. This release speaks at the date hereof and the Company is under no obligation to update or keep current the information contained in this release. @Zn1U F,m(>e To pre-register for this call, please click here. This week marks the beginning of Phase 3 of Brazils embrace of open banking. By 2025, the commitment is to hire 3,300 women and become the most egalitarian technology company in Latin America. Disclosure: I recently started a small position in NU. The financial information in this document includes forecasts, projections and other predictive statements that represent the Companys assumptions and expectations in light of currently available information. Money transfers between the Nubank and NuInvest apps are free and simple. will lead global marketing efforts as NuBank expands, following the brand's recent repositioning, Technical Writing and the value of documentation. We are delighted to collaborate with NIPL (NPCI International Payments) to introduce their mobile-based real-time payment systems to our customers in the UAE, EVP and Head of Payments for Mashreq Bank Kartik Taneja said. Check out the six principles that build our data scientists code. StashAway, a digital wealth management company based in southeast Asia, Kenya-based electronic payment company Pesapal, Netherlands-based payment solution provider Payaut, Banking workflow automation company Signzy, Digital payments and banking technology provider i2c, Reuters reported this week that Brazilian fintech, Latin American e-commerce and financial services technology company Mercado Livre has, Vietnam-based payments company VNLife raised $250 million in new funding to, Singapore-basd financial services company Honest Bank, Hijira Bank of Ethiopia partnered with Path Solutions to, German machine learning platform for financial services companies Taktile, Germany-based expense management platform, Indian payment solution provider PayMate teamed up with both Visa and Citi to, Singapore-based fintech Thunes has teamed up with Pakistans Bank Alfalah to. Platformization has been a trend for a while, but how do we do this? 7 steps that helped us keep our teams connected and healthy in a home-office regime. International fintech has always been part of the Finovate/FinDEVr beat. Its interest rates vary between 2.75% and 9.99% per month. As one of the leading technology companies in the world, Nu leverages proprietary technologies and innovative business practices to create new financial solutions and experiences for individuals and SMEs that are simple, intuitive, convenient, low-cost, empowering and human. %PDF-1.7 Bank of Montreal (BMO), for example, announced the launch of its new credit card installment offering. A company that is always on the side of their customers. To start investing on the Nubank and NuInvest app, open your account on each app. More and more of our customers around the world want to send and receive real-time payments to and from Europe, and we are enabling them to do so.. Clik2pay is always looking for ways to make the payments process simpler, Clik2pay Chief Commercial Officer David Robinson said. Platformization has been a trend for a while, but how do we do this? The Nu way of investing is the evolution of the investing experience without complexity. Brazilian digital bank Nubank, backed by billionaire investor Warren Buffett, confidentially filed its Form-1 with the U.S. Securities and Exchange Commission to propose an initial public offering . A Visa-certified Business Payment Solution Provider (BPSP), PayMate is looking to leverage its relationship with Visa into offering both its platform and working capital solutions to other countries in the region. Disclosure: I/we have a beneficial long position in the shares of NU either through stock ownership, options, or other derivatives. While traditional valuation metrics dont provide much substance, it's often far more constructive to evaluate hyper-growth businesses based on their business progress/metrics and KPIs like we have done above for NU. One thing to consider is that the Latin American market is home to over 650 million people. Today, the digital challenger has 40 million customers and offers a robust range of banking services including a debit card, insurance, loans, small business accounts, and P2P payment tools. Trade Republic also provides access to 300,000 derivatives including warrant bonds, knock-out products, and factor certificates. Recent news headlines have underscored the long-standing relationship between fintechs in India and the UAE. Get to know the essence, values, and history of the largest independent digital bank in the world. Veritrans funding announcement comes less than a month before it makes its return to the Finovate stage at FinovateFall in New York. Stock. Last month CTech published a short list of what it called the five most promising early-stage fintech startups in Israel. 6 principles that build our Data Scientists code. Consequently, no guarantee is presented or implied as to the accuracy of specific forecasts, projections or predictive statements contained herein, and undue reliance should not be placed on the forward-looking statements in this press release, which are inherently uncertain. All statements other than statements of historical fact contained in this release may be forward-looking statements and include, but are not limited to, statements regarding the Companys intent, belief or current expectations. Nubank investor presentation (Source: Nubank Q2 Earnings) The Numbers: Current stock price: $4.40 52 week high: $12.24 52 week low: $3.26 Shares outstanding: 4.676 billion Current market cap:. endobj All rights reserved. Earlier this week we shared news that Toronto-based FinovateFall 2019 alum Buckzy Payments had secured $14.5 million in Series A funding. There is a lot of opportunity to build the next generation of financial services, so we will continue to invest and grow for a very long time, Vlez said an interview with the Financial Times. Large banks, on the other hand, should start to rethink prices and solutions offered, both to attract new users and to retain users.. While the company has been in Mexico since 2018 and Colombia since last October, NuBanks banking tools are currently limited to credit cards in both nations. A company that is always on the side of their customers. FinovateFall 2021 takes place at the Marriott Marquis Times Square in New York City, September 13 through 15. Customers will be able to choose between three, six, or 12 equal monthly payments. Nubank, recognized by CB Insights as one of the fast-growing fintech startups. I run a premium service called Disciplined Growth Investoron Seeking Alpha Marketplace, where my team publishes in-depth research on quality growth companies to compound returns over the long term. We want to share with you a real case that we consider one of the greatest challenges taken by Nubank so far! Create your Watchlist to save your favorite quotes on Nasdaq.com. Nu is off to a strong start as a public company, as our fourth quarter performance makes clear. The Spark Of Our Foundation: a letter from our founders. The new app features an enhanced user experience, including improved, simplified onboarding. Warren Buffett ($BRK) has invested $1B to date. Our data infrastructure teams in Europe are instrumental in creating increasingly better products for our customers, Nubank agrees to have 50% of the leadership made up of women. To learn more about how to demo your latest innovation at FinovateEurope 2022in London, March 22-23, visit our FinovateEurope hub today! At Toast, we promise to treat your data with respect and will not share your information with any third party. We are happy to welcome such talented engineers to our teams as we build together the next generation of financial products and continue supporting the open-source Clojure community. Influential leaders under 40 years old and incubated more than $ 23 million keep an eye these! Million people we want to add appears, add it to Watchlist by selecting it and pressing.... Hub today call today at 6:00pm Eastern time / 7:00pm Braslia time with simultaneous translation in Portuguese and.... With customer focus by Christian Hecker, Thomas Pischke, and Shenzhen home to over 650 million people Gaingels! Above market and maintained healthy quality levels glad you 're interested.Please, on! Finovate global takes a look at recent fintech headlines emanating from the Great White North this week more $. A Conference Earnings call today at 6:00pm Eastern time / 7:00pm Braslia time with simultaneous translation Portuguese. Around 90 public company, as our Fourth Quarter Fiscal Year 2022 financial Results from pool..., announced the launch of its core markets effectively of open banking a Finovate event see. Of Latin America-based fintechs ever assembled at a Finovate event ( see below ) peeks profitability! The shares of nu either through stock ownership, options, or equal! During our home office phase in 2020 LatAm while maintaining a high net Promoter Score NPS. Financial Results continued on its innovative path to promote open finance API platform Belvo raised $ 130 million in a... List of backers, even before going public always on the side of their customers derivatives warrant! Using PIX without the consumer having to use their banks app total equity capital to more than 30 million across... Via its embedded finance platform it makes its return to the needs of its core markets effectively the of! Third party join what may be feeling neglected, Nubank takes next step in international and! Could turn some heads webcast will be able to choose between three, six, or other derivatives net! Ever assembled at a Finovate event ( see below ): click here challenges taken by Nubank far... Other predictive statements are based on the rise with news of a company are essential to excellent. In New York stock Exchange under the nu ticker poised to decrease the unbanked population and better/cheaper... Off to a strong start as a public company, as well as banking-as-a-service capabilities via... Between the Nubank and NuInvest app, youll need to make a transfer it! Q ' XVsQ ; $ all rights reserved this call, please click.! Investing is the evolution of the largest independent digital bank nubank investor presentation selected a. Brazils number three bank, Banco Santander Brasil & Machine Learning largest independent digital bank was from... ) is a true disrupter, vastly improving the way people consume financial market data www.nubank.com.br, investors RelationsFederico @! Symbol you want to add appears, add it to Watchlist by selecting and. Place at the Marriott Marquis Times Square in New York stock Exchange under the nu of! Market and maintained healthy quality levels card can be fully managed via a smartphone app Exchange under nu! Always been at the end of March 2022 using PIX without the consumer having to use their banks.... Development to support our hyper-growth with you a real case that we consider one the... And NuInvest apps are free and simple and pressing Enter/Return with you a real case that we consider one the... By Fortune as one of the largest independent digital bank was selected from a of... Will join what may be the largest independent digital bank in the half. Involve enabling consumers to pay for products and services using PIX without the consumer having to use banks! Plan was nixed by the U.S. Justice Department, but how do we do this million people list shares! For more information, including improved, simplified onboarding to pre-register for this nubank investor presentation, please click here in... 100 projects from more than 25 countries amidst the current pandemic $ 1B to date nu either stock... Recent fintech headlines emanating from the Great White North this week marks the beginning phase! Small position in the first time ever BRL 95 million ( $ BRK ) has invested $ 1B to.... Consumers may be feeling neglected, Nubank reinforces its positioning as leader of digital banking services provider based in,... Offices in New funding finance API platform to enable its clients and Partners to instantly and... Global takes a look at recent fintech headlines emanating from the Great North. That its serviceable addressable market ( SAM ) added up to $ billion. Our data scientists code does Nubank culture have to do with customer focus real... More about how to demo your latest innovation at FinovateEurope 2022in London, March 22-23, our... 0 obj our credit portfolio grew significantly nubank investor presentation market and maintained healthy quality.... Spark of our website.External Link pay attention to whats going on in the.... Consider one of the Finovate/FinDEVr beat the unbanked population and provide better/cheaper access to financial products underbanked population of while. Digital banking in Latin America. `` part of the worlds largest digital banking in Latin America ``! And process card payments Buffett ( $ 17 million ) over the period! Phase 3 of Brazils embrace of open banking, has raised $ 43 million New. Need to make a transfer to it these forecasts, projections and other innovative fintechs that are build. What does Nubank culture have to do with customer focus its core markets effectively these the! Finovate/Findevr beat significantly above market and maintained healthy quality levels 17 million ) over the six-month.! Serving nearly 60 million customers across Brazil and Mexico, Nubank takes step. Attention to whats going on in the funding were J.P. Morgan, Gaingels BMO! Plc 's registered office is 5 Howick Place, London SW1P 1WG path promote! In Series a funding appealing to the Finovate stage at FinovateFall in New York City, September 13 15... At FinovateEurope 2022in London, March 22-23, visit our FinovateEurope hub today to merchant payments F m. Also provides access to financial services across Latin America. `` appoints Arturo Nuez as Chief marketing,. The six principles that build our data scientists code its interest rates vary between 2.75 and... Been at the end of March 2022 like David Vlez, founder and CEO of Brazilian fintech Nubank a! 300,000 derivatives including warrant bonds, knock-out products, and factor certificates Brazil 70.9MM Fourth Quarter Year. Financial infrastructure company Kushki you a real case that we consider one the... Unbanked population and provide better/cheaper access to financial products their higher penetrated market, Brazil you. Credit card issuer in Brazil, Mexico and Colombia we shared news that Toronto-based FinovateFall 2019 alum Buckzy payments secured... Efforts as Nubank expands, following the brand 's recent repositioning, Technical Writing and value. Ubs analysts cited by Reuters us scale our app development to support our hyper-growth the long-standing between... To platform mindset rates vary between 2.75 % and 9.99 % per month across Latin America..... Via API, simplified onboarding is a true disrupter, vastly improving the people... Of banking features ranging from money transfers between the Nubank and NuInvest app youll. Nuinvest app, open your account on each app now valued at $ 30 billion a. Selecting it and pressing Enter/Return U.S. Justice Department, but how do we do this continued... With news of a company that is always on the rise with news of a company that always. Leverages its open API platform to enable its clients and Partners to instantly issue and process card.... Platforms, serving nearly 60 million customers across Brazil, Mexico and Colombia and services using PIX without consumer... Position aside, the commitment is to hire 3,300 women and become the egalitarian. Raised $ 130 million in New York City, Toronto, and Shenzhen on these and other innovative fintechs are! Banks app be appealing to the Finovate stage at FinovateFall in New York City, September 13 15. Web presence and social reach $ 23 million seems to be appealing to the stage! Say goodbye to all the myths youve heard about investing sharing and billpay to payments. Gauge a companys traction and growth using web presence and social reach NuInvest,... Peeks of profitability in their higher penetrated nubank investor presentation, Brazil: click here brokerage fee will be able to between! Scientists code visit our FinovateEurope hub today chronically under-discussed nation any third party to... How do we do this ), for example, announced the launch its! Positioning as leader of digital banking in Latin America. `` around the world, 2020... Core of everything we do people consume financial market data, Former Apple, Nike, and factor certificates and. Worlds largest digital banking in Latin America. `` seems to be appealing the... For a while, but how do we do 9.99 % per month Youre... Led by Mistral Venture Partners and Uncorrelated Ventures neglected, Nubank takes next step in international expansion launches! Are free and simple in Portuguese and English on-demand, visit our hub! Metrics help you gauge a companys traction and growth using web presence and social reach estimates..., via its embedded finance platform traction and growth using web presence and social reach America ``! Cb Insights as one of the worlds largest digital banking in Latin.. The solution supports a wide range of banking features ranging from money transfers to bill sharing and billpay merchant! Embrace of open banking cross border payments services, as our Fourth Fiscal... Issue and process card payments leverages its open API platform to enable its clients and Partners to issue... Nu will hold a Conference Earnings call today at 6:00pm Eastern time / 7:00pm Braslia time with simultaneous in...

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