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Nomad raises $32m in Series B funding

Brazil based fintech that enables Brazilians to open bank accounts in the U.S. raised $32m in Series B funding led by Stripes.

“It became clear that Nomad’s suite of products was serving an acute need among a large population of Brazilians, as well as providing a greenfield opportunity to many more. We believe that now is the time for Nomad to build a platform of USD-denominated products and services that are otherwise uneasily accessed by the majority of the market.” says Stripes.

Tags

cross border, payments