Category: retail banking

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Nubank is now worth $4 billion after Tencent’s $180 million investment

sudshr47 October 8, 2018

Nubank, the Brazilian financial services company, has raised $180 million from the Chinese internet giant, Tencent. Tencent has long been interested in financial services startups, and with its $90 million direct investment and another $90 million investment in the secondary market the company now has access to what is arguably the largest digital banking company […]

View More Nubank is now worth $4 billion after Tencent’s $180 million investment
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Mobile money-saving app Qapital raises $30 million to spend on growth

sudshr47 April 18, 2018

Qapital, one of a slew of mobile applications trying to make it easier for users to save money (and spend it more wisely), has raised $30 million in fresh financing as it expands beyond savings to offer investment advisory services. Since its launch in the U.S. in 2015, Qapital has amassed roughly 420,000 users that […]

View More Mobile money-saving app Qapital raises $30 million to spend on growth