Business > Market

Nubank brings its Series G funding round to $1.15 billion, gets first-ever CMO

5 days ago   |   By Business Insider

Summary List Placement The Brazil-based neobank raised an additional $750 million on top of the $400 million it brought in earlier this year, per TechCrunch. Leading the charge was Berkshire Hathaway with a $500 million investment as part of the extension.
Nubank is adding customers at an incredible clip, and maintaining its position as the world's largest digital bank. As of September 2020, the neobank was acquiring 41,000 new customers a day. Since its Series G was announced in January, Nubank has onboarded another 6 million users-bringing its total to 40 million. For context, Chime...
Read more ...

 


Search by Tags

   Market      World  


GameStop's outgoing CEO just made $36 million cashing in 121,000 shares...

GameStop's outgoing CEO just made $36 million cashing in 121,000 shares after the stock's dizzying rally

Summary List Placement GameStop's outgoing Chief Executive Officer George Sherman took home $36.7 million after selling part of his stake in the company. Sherman, who will be... Read more ...

'She's an amazing girl': 9-year-old girl shaves head to raise money for kids...

'She's an amazing girl': 9-year-old girl shaves head to raise money for kids with cancer

Their original goal was to raise $500. By the time the shaving started, the Meyers raised over $3,000. Read more ...

Bitcoin is too vulnerable to Elon Musk's tweets to put money in, Kleinwort...

Bitcoin is too vulnerable to Elon Musk's tweets to put money in, Kleinwort Hambros investment chief says

Summary List Placement Bitcoin fans will have cheered Elon Musk's latest market-stirring tweet. The Tesla CEO said the car company would start accepting bitcoin payments again... Read more ...

Stocks slip on Wall Street, pull S&P 500 below record

Stocks fell on Wall Street Monday in a sluggish start to the week as investors await the latest take from the Federal Reserve on inflation. Read more ...

Trump-Era Justice Department Official Will Reportedly Step Down Amid Data...

John Demers will resign within a matter of weeks, according to media reports. Read more ...

Lumber prices sink below $1,000 for the first time since March, now down 40%...

Lumber prices sink below $1,000 for the first time since March, now down 40% since May's record high

Summary List Placement Lumber prices fell as much as 6% on Monday to briefly trade below $1,000 per thousand board feet for the first time since late March. Lumber has been the... Read more ...

20 conversation-starting coffee table books by Black authors, photographers...

20 conversation-starting coffee table books by Black authors, photographers, and artists

Summary List Placement Whether you're drawn to coffee table books with gorgeous images, riveting essays, or books that simply represent your various interests, choosing books... Read more ...

Babbel is offering 50% off lifetime gift subscriptions for Father's Day...

Babbel is offering 50% off lifetime gift subscriptions for Father's Day - including unlimited access to lessons in 14 languages

Summary List Placement Babbel - a language learning service helmed by more than 150 educators, polyglots, editors, researchers, and linguists - is currently offering 50% off... Read more ...

Why the hottest primary care startups aren't chasing Medicaid

Why the hottest primary care startups aren't chasing Medicaid

Summary List Placement A flurry of fundraising and primary-care-startup mergers is leading to more high-end digital health services for patients who can afford to pay. But... Read more ...

5 ways to celebrate Juneteenth in 2021, including Black-owned brands to...

5 ways to celebrate Juneteenth in 2021, including Black-owned brands to support, causes to donate to, and destinations to visit

Summary List Placement Table of Contents: Masthead Sticky Juneteenth, or June 19, commemorates the last enslaved African Americans being freed from slavery in 1865. The holiday... Read more ...