# Nu Pagamentos

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nu-pagamentos-s-a

- Industry: Financial Services
- Headquarters: Sao Paulo, Brazil
- Website: www.nubank.com.br
- Total disclosed funding: $1.9B
- Latest round: Series G (May 18, 2021)
- Investors on record: 25

## About

Based in Sao Paulo, Brazil, and founded in 2013 by Edward Wible, David Vélez, and Cristina Junqueira, Nu Pagamentos S.A., d.b.a. Nubank and formerly known as Solucoes de Pagamento is a financial technology company. In June 2021, Nu Pagamentos S.A. raised USD 750 million in Series G funding led by new investor Berkshire Partners. The Series G funding values Nu Pagamentos S.A. at USD 30 billion at post-money. As of 2021, the company’s CEO is David Vélez and it employs around 3,700 employees.

Nubank operates as an independent digital bank and has a mobile application that offers digital credit card solutions with options to track transactions in real-time and block payments. The firm issues, administrates, processes, and transfers payments related to post-paid credit cards and equity investment in other entities. Nu Pagamentos also offers life insurance and personal loans to its digital bank account holders. 

Nu Pagamentos S.A. plans to use the Series G funding to expand into Mexico and Colombia, launch new products, and recruit employees.

## Funding rounds

- Series G, May 18, 2021, $750M — Invesco, CPP Investment Board, Verde Asset Management, Berkshire Hathaway Pension Plan, MSA Capital, Tarsadia Investments, Sands Capital Alternatives, Advent Global Opportunities, FJ Labs, Absoluto Partners, Tencent Investment
- Series G, Jan 28, 2021, $400M — Invesco, Hong Shan, GIC, AIM Management Group, Tencent Investment, Whale Rock Capital Partners, Ribbit Capital, Tarsadia Investments, Dragoneer Investment Group
- Series F, Jul 26, 2019, $400M — Hong Shan, TCV, Tencent Investment, DST Global, Ribbit Capital, Thrive Capital Partners, Dragoneer Investment Group
- Series E, Mar 1, 2018, $150M — Redpoint Ventures, Founders Fund, DST Global, QED Investors, Ribbit Capital, Thrive Capital Partners, Dragoneer Investment Group
- Series D, Dec 7, 2016, $80M — Redpoint Ventures, Hong Shan, Founders Fund, Tiger Global Management, DST Global, QED Investors, Ribbit Capital
- Series C, Jan 6, 2016, $52M — Hong Shan, Founders Fund, Tiger Global Management, Kaszek Ventures
- Series B, Jun 2, 2015, $30M — Hong Shan, Tiger Global Management, QED Investors, Kaszek Ventures
- Series A, Sep 25, 2014, $14M — Hong Shan, Kaszek Ventures
- Seed, Jul 5, 2013, $2M — Hong Shan, Kaszek Ventures

## Investors

- Hong Shan — Seed, Series A, Series B, Series C, Series D, Series F, Series G
- Kaszek Ventures (https://capitalatlas.ai/funds/kaszek-ventures) — Seed, Series A, Series B, Series C
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B, Series C, Series D
- QED Investors (https://capitalatlas.ai/funds/qed-investors) — Series B, Series D, Series E
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series C, Series D, Series E
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series D, Series E
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series D, Series E, Series F
- Ribbit Capital (https://capitalatlas.ai/funds/ribbit-capital) — Series D, Series E, Series F, Series G
- Thrive Capital Partners (https://capitalatlas.ai/funds/thrive-capital-partners) — Series E, Series F
- Dragoneer Investment Group (https://capitalatlas.ai/funds/dragoneer-investment-group) — Series E, Series F, Series G
- TCV (https://capitalatlas.ai/funds/tcv) — Series F
- Tencent Investment — Series F, Series G
- Invesco (https://capitalatlas.ai/funds/invesco) — Series G
- GIC — Series G
- AIM Management Group — Series G
- Whale Rock Capital Partners — Series G
- Tarsadia Investments — Series G
- CPP Investment Board — Series G
- Verde Asset Management — Series G
- Berkshire Hathaway Pension Plan — Series G
- MSA Capital (https://capitalatlas.ai/funds/msa-capital) — Series G
- Sands Capital Alternatives (https://capitalatlas.ai/funds/sands-capital-alternatives) — Series G
- Advent Global Opportunities (https://capitalatlas.ai/funds/advent-global-opportunities) — Series G
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series G
- Absoluto Partners (https://capitalatlas.ai/funds/absoluto-partners) — Series G