investment as part of the extension. Nubank brings its Series G funding round to $1.15 billion. Insider Intelligence
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, which is the largest neobank in the US and one of the biggest globally, is
estimated to reach only roughly half that number by the end of this year.
Nubank CEO, David Velez, declined to confirm which countries were currently in its expansion sights but its recent hires suggest it could be gearing up to expand significantly beyond its core market in Brazil.