#Brazil
Sequoia Capital and Brazil’s Neobank Nubank to Team Up
Nubank and Sequoia Capital partnership
Brazilian fintech Nubank and venture capital firm Sequoia Capital are teaming up for future investments in Latin America’s startups
Sequoia Capital and Brazil’s neobank Nubank to team up.
Brazilian fintech Nubank and venture capital firm Sequoia Capital are teaming up for future investments in Latin America’s startups, two sources familiar with the matter said on Monday.
For the venture capital firm, the agreement adds a partner with a presence in four countries in the region – Brazil, Mexico, Argentina and Colombia – and with experience in scaling up businesses, the sources said. For Nubank it adds a partner with global experience in investing in startups.
The sources did not disclose the amount they plan to invest in the region or how they will split funding rounds but the Sequoias Capital Nubank team-up is a boost to the region. Under the terms of the agreement, both companies may also invest in startups separately.
In August, Nubank and Sequoia Capital partnered in a $44 million funding round for Indian digital bank Jupiter, along with Matrix Partners.
Latinvex Recognizes Andre Thiollier as Top 100 Latin American Lawyer Among Global Law Firms
Fintech Nomad Lands Series-B Round of $61 Million for The Largest Fintech Equity Finance Deal of the Year in Latin America
Mexico’s Clara Raised $60 Million in Equity Round Led by GGV Capital
Latinvex Recognizes Andre Thiollier as Top 100 Latin American Lawyer Among Global Law Firms
The 12th Annual Latinvex Top 100 Latin American Lawyers from Global Law Firms
Fintech Nomad Lands Series-B Round of $61 Million for The Largest Fintech Equity Finance Deal of the Year in Latin America
Foley & Lardner acted as legal counsel to Nomad and Wilson Sonsini represented the Tiger Group
Mexico’s Clara Raised $60 Million in Equity Round Led by GGV Capital
Foley & Lardner and Gunderson Deter acted as legal counsel in the transaction
Zuckerberg Invests in Beep Saude Alongside Banco Bradesco
TozziniFreire partners João Busin and Juliana Maluf represented Mark Zuckerberg's CZI and the investors
Agrolend Raises Series-B of $27 Million from Global Fund Lightrock
Agrolend, the Brazilian fintech for rural producers, raises its Series-B backed from global investment fund Lightrock. Lightrock poured in Agrolend...
-
#Brazil2 anos agoJe Suis Ukraine
-
#Brazil2 anos agoBrazil Credit Fintech TerraMagna Raised $40 Million Led by Softbank in Its First Entry into Farming
-
#Latinamerica2 anos agoLatin America Stands Out in November Venture Capital and Acquisition Activities
-
#Brazil2 anos ago
Agrolend Raises $14 Million All-Equity Series A Led by Valor Capital
-
#Brazil2 anos agoBrazil’s Grão Direto Lands Series-A2 from Agribusiness Powerhouses Cargill, Louis Dreyfus Company, Archer Daniels Midland Company and Amaggi Agro.
-
#Latinamerica2 anos agoHow Fundable is Your Startup
-
#Brazil2 anos agoDigital Private Pension Broker Saks Lands BRL 26 Million Seed Investment from Itaú-Unibanco’s Private Equity Fund Kinea and Canary
-
#Brazil2 anos agoMattos Filho Advised Underwriters in Nubank’s IPO
-
#Brazil2 anos agoGoldman Sachs Invests in Unico IdTech and Takes the Brazilian SaaS Startup Valuation above $2,5 Billion
-
#Brazil2 anos agoBrazil’s Medway Lands Series-A Round of $15 Million Led by Softbank Latin American Fund
-
#Brazil2 anos agoCarbonext Receives $40 Million from Shell for Carbon Credit Projects in Brazil’s Amazon
-
#Brazil2 anos agoBrazilian Fintech Marvin Lands Series-A of $15 Million Backed by American Early Venture Capital Canaan