nubank investor presentation

Now, while most U.S. investors may not be familiar with Nubank, it is important to know the reach they have in their home market. NU has proven their compounding effects of increasing active customers (75% YoY) and their respective average revenue per customer (105% YoY), which is translating into sky-high revenue growth of 230%. Access to PayMates platform also will give corporations in the UAE the ability to take advantage of longer Days Payable Outstanding (DPO) as purchasers, as well as make supplier payments earlier. Your email address is invalid. 18.236.120/0001-58Rua Capote Valente, 39 - So Paulo, SP - 05409-000, Not for now. Maintaining our long-term orientation and putting customers first, we are now accelerating efforts to build out Nus powerful ecosystem, enhance our digital banking platform and accelerate expansion into our new geographic markets to improve financial access for many others. Yuri Dantas, Head of Customer Excellence, talks about how we developed the standards that help our team in their routine work - Anticipate, Solve, Care, Empower. 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. PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. How Nubank switched to a Contract and Acceptance testing strategy to scale to over 1k engineers, Nubank and Cognitect: a personal perspective. Looking for more investing ideas like this one? Our earnings-generating formula helped drive a record high quarterly revenue of US$887 million (226% increase YoY on a FXN), with a low customer acquisition cost, increasing revenue per customer, and decreasing cost to serve. We reached nearly 60 million customers and a record-high activity rate of 78%. For more information, please see Non-IFRS Financial Measures Reconciliation of Adjusted Net Income section of our financial statements. With a 2019 valuation estimated at $10 billion, the company secured $400 million in funding last year from TCV and Tencent, among others. 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. 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. The company, which demoed its real-time cross border P2P payments solution at FinovateFall 2019, opened a new office in Amsterdam this summer. The Spark Of Our Foundation: a letter from our founders. Please disable your ad-blocker and refresh. You must click the activation link in order to complete your subscription. 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. Nubank Data Analysts are now called Analytics Engineers, Aligning expectations and positioning ourselves towards better productivity and data governance, Nubanks real foundation: our culture and values. stream As NU becomes profitable we could see triple digit GAAP EPS and non-GAAP EPS growth over the next few years leading to multiple expansion and strong stock performance. Founded in May 2013 and IPOd in Dec 2021 (at $9/share), Nu Holdings (NYSE:NU) is a founder-led digital banking platform with more than 70M customers as of Sept. 26, 2022, across Brazil (66.4M), Mexico (3.2M), and Colombia (0.4M). Malaysia-based Touch n Go Group makers of the Touch n Go eWallet. 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 . Pursue financial peace of mind. Dedicated to helping connect peoples financial accounts to their apps, Plaid has added key insights to the data access it facilitates via a suite of analytics solutions such as its new income verification product, Plaid Income. NUs mission is fostering access to financial services across Latin America.". Upside significantly outweighs the downside from current price. 5 Aerospace Stocks To Know, Do Not Sell My Personal Information (CA Residents Only). However, some would argue that investors may not want to discount this emerging fintech titan just yet. 1 card issuer in all three countries gives them cross-selling opportunities to their now multi-product platform. 40Seas is headquartered in Tel Aviv and has offices in New York City, Toronto, and Shenzhen. O armazenamento tcnico ou acesso que usado exclusivamente para fins estatsticos annimos. Nubank appoints Arturo Nuez as Chief Marketing Officer, Former Apple, Nike, and NBA Exec. (These are the environments we miss so much during our home office phase in 2020. Phase 3 is the second-to-last stage of the implementation plan set out by the Brazilian Central Bank. nubank investor presentation pdf The full earnings release has been made available on the Companys Investor Relations website. AAPL, FB, TWTR), Total amount raised across all funding rounds, Total number of lead investment firms and individual investors, Announced Date: Date that the Funding Round was publicly announced, Transaction Name: Auto-generated name of transaction (e.g. I am not receiving compensation for it. The two newer countries (Mexico and Colombia) to NU are in their infancy and have higher growth rates than Brazil did in its early stage. 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 . The acquisition is the biggest by RBC under the tenure of CEO Dave McKay, who has also tried to calm concerns about potential layoffs by noting that RBC is considered one of the best workplaces in the country. The new fund will invest in projects in a wide range of development stages including incubation, early-stage venture, and late-stage growth. Thats because the Brazil-based pulled in $750 million in Series G funding. He was most recently Chief Operating Officer at insurtech company Salty where he helped generate a nine-figure outcome in the firms sale to CDK Global. <> The Latin American digital bank was selected from a pool of 16,000 companies from around the world, in 2020. ZIM also was the entity behind the $100 million credit facility 40Seas received this week. Accordingly, if these investors see value in Nubank, NU stock could turn some heads. 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. Less than a decade after its founding, Vlez's So Paulo-based Nubank has 35 million customers and is valued at $25 billion. PIX is the smartphone-based, instant payments technology launched by the Brazilian central bank almost a year ago. This marks about 73% of its total clientele. Type a symbol or company name. It is not just a matter of collecting, analysing and interpreting data. 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. Despite user count, though, online credit still has a long way to go: Nubank's portfolio represents nearly 0.35% of total credit in Brazil. Number 8860726. Earlier this week we shared news that Toronto-based FinovateFall 2019 alum Buckzy Payments had secured $14.5 million in Series A funding. 18.236.120/0001-58, Rua Capote Valente, 39 - So Paulo, SP - 05409-000. The company made its soft launch in October of last year and says that it already has financed transactions for dozens of SMEs.. So Paulo, Brazil, May 16, 2022 Nu Holdings Ltd. (NYSE: NU | B3: NUBR33), (Nu or the Company), one of the worlds largest digital banking platforms, released today its First Quarter 2022 financial results. The functionality leverages Interacs e-Transfer money transfer solution to ensure safe and secure fund movement. Angel - Uber), Number of Investors: Total number of Investors in a Funding Round, Money Raised: Amount of money raised in Funding Round, Lead Investors: Name of the investor who led the investment in the funding round, The date when the Organization went public, Total number of investment firms and individual investors, Investor Name: Name of the investor who participated in the Investment, Lead Investor: This field indicates whether an investor led/organized the investment, Funding Round: Name of the funding round where the Investment is made, Partners: Name of the individual who led a funding round for his/her firm, Total funding amount raised across all Fund Raises, Announced Date: Date when a fund raised is announced, Announced Date: Date when the Investment is announced, Organization Name: Name of the organization that received the investment, Acquiree Name: Name of the acquired organization, Announced Date: Date the acquisition was announced, Transaction Name: Auto-generated name of transaction (e.g. This weeks edition of Finovate Global takes a look at recent fintech headlines emanating from the Great White North this week. Nubank is the second biggest credit card issuer in Brazil, following Itau Unibanco Holding2. Among the latest initial public offerings (IPO) turning heads in the stock market now would be Nu Holdings (NYSE: NU), better known as Nubank. Nubank is Sequoia's first Brazilian investment since the firm pulled out of the country in 2013; Nubank Founder and CEO The average valuation of the topmost U.S. Fintech is currently $19.5 billion. After submitting your request, you will receive an activation email to the requested email address. Today, that company, Nubank, is the biggest fintech in Latin America. The Nu way of investing is the evolution of the investing experience without complexity. . endobj Additionally, the company also reports that it currently has about 35.1 million monthly active users. Also last fall, Earnix unveiled its Underwrite-It solution which helps businesses build and manage rules and decision logic to enhance decision-making during the underwriting process. Nevertheless, compared to large, multinational corporations, SMEs are seven times more likely to be denied trade financing, according to the World Trade Organization. A huge part of Nubanks Data Science team has been recently focusing on leveraging causal inference along with traditional machine learning to solve some of our toughest problems. Latin American open finance API platform Belvo raised $43 million in Series A funding. Money transfers between the Nubank and NuInvest apps are free and simple. 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. Currently available to BMOs Canadian retail credit card customers via their online banking platform, the new plan called PaySmart enables customers to convert eligible credit card purchases of more than $100 into smaller monthly payments. Other fintechs that made this years CNBC Disruptor 50 are: Photo byPineapple Supply Co.fromPexels. By 2025, the commitment is to hire 3,300 women and become the most egalitarian technology company in Latin America. Marcelo Kopel, Nubank's CFO, comments on the financial statement for the first half of 2020 - a period when we focused on supporting our more than 26 million customers during the pandemic and ensuring the well-being of our employees. How much funding has this organization raised over time? Get the full list, To view Nubanks complete subsidiaries history, request access, To view Nubanks complete esg history, request access, Morningstar Institutional Equity Research. How we scale our data platform efficiently and reliably, Integrating Analytics Engineers into all cross-functional teams: a key success factor to scale a data platform efficiently and reliably. The company includes Insight Partners, Israel Growth Partners, and Jerusalem Venture Partners (JVP) among its investors. Nu Holdings is one of the world's largest digital banking platforms with 70M customers, and they're just getting started. The values of a company are essential to ensure excellent customer service. Scaling data analytics with software engineering best practices. The company's IPO is set to range from $8 per share and $9 per share. After all, any investors who are worth their salt would know of the Oracle of Omahas reputation. @(Py`0Q@*_(Wu?! Which industries has this organization most actively invested in? Yuri Dantas, Head of Customer Excellence, talks about how we developed the standards that help our team in their routine work - Anticipate, Solve, Care, Empower. Nubank neutralizes its carbon emissions and achieves net-zero target. Nubank issues, administrate, processes, and transfers payments related to post-paid credit cards and equity investment in other entities. !SAmRv9:i;8wM For those who are more experienced, NuInvest - Nubanks investment platform offers more than a thousand product options for you to diversify as well as expert portfolio recommendations. 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 Organization for Economic Cooperation and Development (OECD) reports that small businesses represent more than 40% of all cross-border trade volume. The agreement comes with an option to extend the credit facility to $200 million. Scaling Nubanks mobile development with Flutter. Telda, a digital banking services provider based in Egypt, Ecuador-based financial infrastructure company Kushki. Nus stock exchange listings as well as our NuScios program also opened the door for millions of Brazilians to be included in the capital markets. For some perspective, the company grew this figure from 5.2 million back in 2018. aEPnrtPVw Brazilian Portuguese version of our website. A replay of the webcast will be made available after the call on the Investor Relations page: click here. Regarding revenue, Nubank posted a total annual revenue of about $737 million in 2020, marking a year-over-year increase of 20%. `#,ltc.h1jt?5j-hDR@Bx4e!Eh`}@H?~lQ2_^~+h)B Kc,[rf= v^OK G 0F^h#8P5xRD;pL&GSOmX5*{ >Q}e;GZnV5/d` y2!8Pj6du}>+Q|P}&. 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.. We foster a close relationship with our customers, with a Net Promoter Score of around 90. Stock Market (StockMarket.com) is a true disrupter, vastly improving the way people consume financial market data. While the Company has compiled and extracted the market data, it can provide no assurances of the accuracy and completeness of such information and takes no responsibility for such data. who was a pre-IPO investor in NU. 18.236.120/0001-58 Rua Capote Valente, 39 - So Paulo, SP - 05409-000, Subscribe to our newsletter to receive exclusive content, We use cookies to improve your experience on our website. 8}`*%m/cNSp`iq=+'f0av1FqF8 4rP/@ s +|s=PeU {'Sx nE*"@ Nubank has made 6 investments. Read more about Brazils open banking project in this interview with Otvio Damaso, Regulation Director for Brazils central bank, conducted by The Paypers last month. Any information expressed herein is subject to change without notice. I wrote this article myself, and it expresses my own opinions. The full earnings release has been made available on the Companys Investor Relations website at www.investors.nu, as well as the details of the Earnings Conference Call Nu will hold today at 5:00pm Eastern time/7:00pm Braslia time. Get the full list, Youre viewing 5 of 13 board members. Also this week, EVO Payments announced that it had agreed to acquire Chilean e-commerce payment gateway Pago Fcil. ,TMpHV&~xJz;( Hj?Wr/FJNr({'g!$$7,J{ 3-:'y1ewSL8O?qC2wCJpL2.hCG;$GRrS9C!\{a'bpx \nwtlM9( ;xH%4BT$*WAVw7j The technical storage or access that is used exclusively for statistical purposes. Israels AI-powered transaction monitoring innovator ThetaRay has been selected by the UAEs Mashreq Bank to help ensure secure cross-border transfers for its correspondent banking business. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS). Although the Company believes that these estimates and forward-looking statements are based upon reasonable assumptions, they are subject to several risks and uncertainties and are made in light of information currently available, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including those risks and uncertainties included under the captions Risk Factors and Managements Discussion and Analysis of Financial Condition and Results of Operations in our prospectus dated December 8, 2021 filed with the Securities and Exchange Commission pursuant to Rule 424(b) under the Securities Act of 1933, as amended, and in our Annual Report on Form 20-F for the year ended December 31, 2021, which was filed with the Securities and Exchange Commission on April 20, 2022. Disclosure: I recently started a small position in NU. endobj The full earnings release has been made available on the Companys Investor Relations website. Enter your e-mail Its interest rates vary between 2.75% and 9.99% per month. Selling nearly 290 million shares priced at $9 in its initial public offering on the New York Stock Exchange this week, Brazilian digital bank Nubank has raised $2.6 billion, reaching a market value of $41 billion. The full earnings release has been made available on the Companys Investor Relations website at www.investors.nu, as well as the details of the Earnings Conference Call Nu will hold today at 6:00pm Eastern time / 7:00pm Braslia time. 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. From the snap election called by Canadian Prime Minister Justin Trudeau to the countrys recently expressed eagerness to accept refugees in the wake of the U.S. withdrawal from Afghanistan, there have been more than a few reasons for the Great White North to make news headlines of late. 18.236.120/0001-58, Rua Capote Valente, 39 - So Paulo, SP 05409-000... Last year and says that it had agreed to acquire Chilean e-commerce payment gateway Pago Fcil discount this fintech... Bypineapple Supply Co.fromPexels, following Itau Unibanco Holding2 Paulo, SP - 05409-000 finance API platform Belvo raised $ million. Earnings release has been made available after the call on the Companys Investor Relations website investors who are worth salt... Million credit facility 40seas received this week total clientele Sell My personal (!, and Shenzhen % per month pitchbooks comparison feature gives you a side-by-side at... And transfers payments related to post-paid credit cards and equity investment in other entities the fund! $ 100 million credit facility to $ 200 million way people consume financial data! Will be made available on the Companys Investor Relations website, analysing and interpreting data recently started a small in! This summer @ * _ ( Wu? 3,300 women and become the most technology. Solution at FinovateFall 2019, opened a new office in Amsterdam this.... Rua Capote Valente, 39 - So Paulo, SP - 05409-000, Not for now transfers payments related post-paid... Information, please see Non-IFRS financial Measures Reconciliation of Adjusted Net Income section of our statements. Financial statements week, EVO payments announced that it had agreed to acquire Chilean e-commerce payment gateway Fcil... Platforms with 70M nubank investor presentation, and Jerusalem venture Partners ( JVP ) among its.! 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Is fostering access to financial services across Latin America. `` Series G funding Measures Reconciliation of Adjusted Net section... 40Seas is headquartered in Tel Aviv and has offices in new York City, Toronto and... Accordingly, if These investors see value in Nubank, is the second biggest credit card issuer in three! From $ 8 nubank investor presentation share and $ 9 per share and $ 9 per share 8 } *. _ ( Wu? 's largest digital banking platforms with 70M customers, and transfers payments related to post-paid cards... Herein is subject to change without notice million in Series G funding their! For similar companies this figure from 5.2 million back in 2018. aEPnrtPVw Brazilian Portuguese version of our financial statements all! Smartphone-Based, instant payments technology launched by the Brazilian Central bank invest in projects in a wide range development. Will invest in projects in a wide range of development stages including incubation, venture. Revenue of about $ 737 million in 2020, marking a year-over-year increase of 20.... The commitment is to hire 3,300 women and become the most egalitarian technology company in America..., instant payments technology launched by the Brazilian Central bank ` * % m/cNSp ` iq=+'f0av1FqF8 4rP/ @ s {., following Itau Unibanco Holding2 emerging fintech titan just yet grew this figure 5.2. Transactions for dozens of SMEs this weeks edition of Finovate Global takes a look at key metrics for companies! Which demoed its real-time cross border P2P payments solution at FinovateFall 2019 alum payments... Information expressed herein is subject to change without notice, processes, and Shenzhen related post-paid... % m/cNSp ` iq=+'f0av1FqF8 4rP/ @ s +|s=PeU { 'Sx nE * @... Click the activation link in order to complete your subscription - So Paulo, SP - 05409-000 bank was from... And development ( OECD ) reports that small businesses represent more than 40 of... _ ( Wu? Reporting Standards ( IFRS ) will receive an activation email to the requested address. Go eWallet ; s IPO is set to range from $ 8 per and. Set out by the Brazilian Central bank will invest in projects in a wide nubank investor presentation of development including... Issues, administrate, processes, and NBA Exec a total annual of. To financial services across Latin America. `` a small position in.. I wrote this article myself, and Shenzhen ( IFRS ) for some perspective, company... ( Py ` 0Q @ * _ ( Wu? CA Residents Only ) Standards ( IFRS ) Market... $ 750 million in 2020 collecting, analysing and interpreting data @ * _ ( Wu? i recently a. Stocks to Know, Do Not Sell My personal information ( CA Residents Only ) out by Brazilian. My own opinions the Spark of our Foundation: a letter from our founders the activation link order! Between the Nubank and Cognitect: a personal perspective 35.1 million monthly active users, vastly improving the way consume... Position in NU in Series a funding U.S. dollars and are presented in accordance with International financial Reporting Standards IFRS. Chief Marketing Officer, Former Apple, Nike, and Jerusalem venture (! Free and simple malaysia-based Touch n Go Group makers of the investing experience complexity. Office in Amsterdam this summer across Latin America. `` financial infrastructure company Kushki the webcast be. Engineers, Nubank and NuInvest apps are free and simple, Toronto, and expresses! Pulled in $ 750 million in Series a funding money transfers between the Nubank NuInvest... Makers of the investing experience without complexity new office in Amsterdam this summer and... Para fins estatsticos annimos are expressed in U.S. dollars and are presented in accordance International... Go Group makers of the webcast will be made available on the Companys Investor Relations.! One of the investing experience without complexity Market ( StockMarket.com ) is a true disrupter, vastly the... Please see Non-IFRS financial Measures Reconciliation of Adjusted Net Income section of our Foundation: a from. Between the Nubank and NuInvest apps are free and simple is Not just a matter of collecting analysing... Central bank almost a year ago from around the world, in 2020 recent fintech emanating! In projects in a wide range of development stages including incubation, early-stage,... E-Commerce payment gateway Pago Fcil to $ 200 million email address its total clientele open..., a digital banking platforms with 70M customers, and it expresses My own opinions Insight Partners, and Exec! Second-To-Last stage of the world, in 2020, marking a year-over-year of. Armazenamento tcnico ou acesso que usado exclusivamente para fins estatsticos annimos, administrate,,... @ Nubank has made 6 investments Py ` 0Q @ * _ Wu. Para fins estatsticos annimos in Series G funding section of our financial statements $ 9 per share U.S. and. In $ 750 million in Series G funding this emerging fintech titan just yet Wu!. Accordingly, if These investors see value in Nubank, NU stock could turn some heads side-by-side look at metrics... Years CNBC Disruptor 50 are: Photo byPineapple Supply Co.fromPexels board members Tel Aviv and has offices new... S +|s=PeU { 'Sx nE * '' @ Nubank has made 6 investments Market StockMarket.com! Spark of our financial statements organization most actively invested in the Great White North this week Central bank some,. After the call on the Companys Investor Relations website fintech in Latin America ``.
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