How contrarian hires and a pitch deck started Nubank’s $30 billion fintech empire
For most startups, the hardest early challenge is identifying a market and a product to serve it. That wasn’t the case for Nubank CEO David Velez, who understood the massive…
Read More »One woman’s drive to make a neobank as magical as Disney
As we mentioned in part 1 of this EC-1, David Velez had two key co-founding roles he needed to fill to get started building Nubank. For one, he needed a…
Read More »How Nubank’s CX strategy made it one of the most loved digital banks
As we saw in parts 1 and 2 of this EC-1, by mid-2013, Nubank CEO David Velez had most of what he needed to get started. He’d brought on two…
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Which Nubank will own the financial revolution?
Nubank’s first office, on California Street in the Brooklin neighborhood of São Paulo, makes for a great beginning to the company’s story. It wasn’t a Silicon Valley garage, but this…
Read More »Extra Crunch roundup: EU insurtech, 30 years of ‘Crossing the Chasm,’ embedded finance’s endgame
This morning, Anna Heim and Alex Wilhelm dug into the EU insurtech market, interviewing European VCs and collating the biggest recent rounds to take the temperature of the waters across…
Read More »Lydia partners with Cashbee to add savings accounts
French startup Lydia is better known as the dominant app for peer-to-peer payments. But the company has been adding more features, such as a debit card, account aggregation, donations, money…
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Money Minx aims to build a ‘Personal Finance’ OS for the everyday investor
New regulations are making it easier to invest in alternative assets via crowdfunding, and the recent explosion of crypto and NFTs means that investors are more diversified than ever. Keeping…
Read More »Fintech startup TreasurySpring raises $10M for platform giving online access to fixed-term funds
Fixed-term funds (FTFs) have historically been a bank-to-bank market. FTF products allow for investing into some of the safest assets, including U.K. government bonds, U.S. government bonds and highly rated…
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Fintech giant Klarna raises $639M at a $45.6B valuation amid ‘massive momentum’ in the US
Just over three months after its last funding round, European fintech giant Klarna is announcing today that it has raised another $639 million at a staggering post-money valuation of $45.6…
Read More »European neobroker Scalable Capital raises $180M+ at a $1.4B valuation
Neobrokers — startups that are disrupting the investment industry by providing a platform for a wider range of consumers to partake in the stock market by offering them more incremental…
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