DST Global Leads US$150 Million Investment Round for Nubank (Latin America)
Posted On: 02 Mar 2018 | Source(s): Reuters | Author(s): Alberto Alerigi Jr., Carolina Mandl
Brazil-based financial services and technology startup Nubank has raised a US$150 million investment round led by venture capital firm DST Global. New investors Dragoneer Investment Group and Thrive Capital Partners also participated in the round alongside existing investors Founders Fund, Redpoint Ventures, Ribbit Capital and QED Investors. Nubank plans to use the funds to support its continued growth.