Tuesday 9 October 2018

Nubank is now worth $4 billion after Tencent’s $180 million investment

Nubank, the Brazilian financial services company, has raised $180 million from the Chinese internet giant, Tencent. Tencent has long been interested in financial services startups, and with its $90 million direct investment and another $90 million investment in the secondary market, the company now has access to what is arguably the largest digital banking company […] https://ift.tt/2Cyo9JK Jonathan Shieber October 08, 2018 at 06:00PM

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