Brazil based provider of digital credit card services raised $400m in Series F funding led by TCV. The Wall Street Journal reports that the latest round valued the company at more than $10b.
In an email from TCV, Woody Marshall said that, “Leveraging unique technology, David Vélez and his team are continuously pushing the boundaries of delivering best in class financial services, grounded in a culture of tech and innovation. Nubank has all the core tenets of what TCV looks for in preeminent franchise investments.”