Nubank news and trends

Nasdaq Extends Partnership With Nubank to Grow Latam Banking Presence
Partnerships // September 23, 2024

Nasdaq wants to expand its digital bank FinTech presence in Latin America. The tech company agreed to provide its AxiomSL regulatory reporting tool to Nubank, the region’s digital banking giant, according to a Monday (Sept. 23) press release. “The agreement extends Nasdaq’s existing partnership with...

FinTech IPO Index Breaks Even Despite Volatile Trading Week
IPO // September 13, 2024

Economic data remained the key driving force behind stocks this past week, and the FinTech IPO Index was no exception. But despite volatile trading action throughout the group, the Index was flat, up a scant 0.06%. As for the data, last week saw a slowing...

Nubank Defends Lending Practices as Late Payments Jump
Loans // September 05, 2024

Lending practices at Brazil’s Nubank reportedly have Wall Street analysts uneasy. As Bloomberg News reported Thursday (Sept. 5), the lender — Latin America’s largest — is enjoying rapid growth, with around 60% of Brazilian adults using its app and its stock up 109% over the past year. However, the...

FinTech IPO Index Slips 1.4% As Overseas Companies Show Mixed Results
Fintech Investments // August 23, 2024

It was a relatively quiet week on Wall St. as FinTech news started to hit the slow part of the Q2 earnings season. A lot of the action took place overseas this week. Chinese FinTech Futu, which still tops the index with a 300-point percentage...

Interviews & Exclusives
FinTech IPO Index Breaks Even Despite Volatile Trading Week

September 13, 2024
Economic data remained the key driving force behind stocks this past week, and the FinTech IPO Index was no exception. But despite volatile trading action throughout the group, the Index was flat, up a scant 0.06%. As for the data, last week saw a slowing labor market, while jobless claims released on Thursday inched up […]

FinTech IPO Index Slips 1.4% As Overseas Companies Show Mixed Results

August 23, 2024
It was a relatively quiet week on Wall St. as FinTech news started to hit the slow part of the Q2 earnings season. A lot of the action took place...

Exclusive: Matera Builds on Pix Success With Digital Twins and QR Codes in US Expansion

July 23, 2024
The eternal debate in financial services technology boils down to build vs. buy,  and whether to rip and replace core banking operations. Banks have invested a lot of time and...

Acquisitions Dominate FinTech IPO Headlines as Index Climbs 2.2% for the Week

June 28, 2024
The FinTech IPO Index climbed 2.2% this week as a spate of acquisitions dominated the headlines headed into the end of the second quarter. One of those acquisitions came from...

Quick Reads
Nasdaq Extends Partnership With Nubank to Grow Latam Banking Presence

September 23, 2024
Nasdaq wants to expand its digital bank FinTech presence in Latin America. The tech company agreed to provide its AxiomSL regulatory reporting tool to Nubank, the region’s digital banking giant, according to a Monday (Sept. 23) press release. “The agreement extends Nasdaq’s existing partnership with Nubank, which includes providing the technology that underpins the bank’s […]

Nubank Defends Lending Practices as Late Payments Jump

September 05, 2024
Lending practices at Brazil’s Nubank reportedly have Wall Street analysts uneasy. As Bloomberg News reported Thursday (Sept. 5), the lender — Latin America’s largest — is enjoying rapid growth, with around 60% of Brazilian...

Nubank Accelerates AI-First Strategy With Hyperplane Acquisition

June 26, 2024
Digital banking platform Nubank has acquired data intelligence company Hyperplane, saying this move will accelerate its artificial intelligence (AI)-first strategy. With the addition of Hyperplane’s capabilities to Nubank’s existing AI...

Nubank Marks 100 Million-Plus Digital Banking Customers

May 08, 2024
Brazilian digital bank Nubank now has more than 100 million customers. The company announced the achievement in a Wednesday (May 8) press release, saying it was the first digital banking platform to mark this...