Nubank IPO filing targeting $50.6bn valuation

Nubank raised $3.0B IPO on November 2, 2021.

Primary

Nubank

Amount

$3.0B

Structure

IPO

Date

November 2, 2021

Sub-sector

Neobank

Brazilian neobank seeks $3bn+ from IPO in New York, valuing platform at up to $50.6bn after expanding beyond credit cards into savings, insurance, and loans.

Primary company

Nubank

Counterparty

Not disclosed

Amount

$3.0B

Event date

November 2, 2021

Sub-sector

Neobank

HQ

Not disclosed

Structure

IPO

Source published

November 2, 2021

Publisher

ExchangeWire

Source: exchangewire.com