DST leads $80M round in Brazil’s Nubank to take on the big boys in financial services

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screen-shot-2016-12-07-at-13-10-18 As Brazil continues to reel as a result of its economic turmoil and its worst recession in 80 years, one of the country’s first financial tech startups has raised significant funding. Sao Paulo-based Nubank, whose first (and to-date only) product has been a “no-fee” credit card that is managed only through a mobile app, has raised $80 million in a Series D round of… Read More