Tiger Global Management Leads a US$30 Million Series B Round for Nubank (Latin America)
Source: TechCrunch | Author(s): Ingrid Lunden
Nubank, a Brazil-based mobile credit card company, has raised US$30 million in a Series B round of funding led by global investment firm Tiger Global Management. Existing investors in the company—venture capital firms Sequoia Capital, Kaszek Ventures and QED Investors—also participated in the round. Nubank will use the investment to improve its platform and expand its user base.