Brazilian FinTech company Nubank obtained 400 million U.S. dollars worth of funding.
In the first half of 2020, financial technology (FinTech) startups in Brazil closed 24 venture capital investment transactions. Of these deals, 11 happened in the seed investment stage, making this stage the most beneficial for the FinTech industry. In the beginning of 2019, the Number of venture capital deals among Fintech startups in Brazil in 1st half 2020, by stage
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Distrito. (August 31, 2020). Number of venture capital deals among Fintech startups in Brazil in 1st half 2020, by stage [Graph]. In Statista. Retrieved June 28, 2022, from https://www.statista.com/statistics/1171851/fintech-venture-capital-deals-brazil-stage/
Distrito. "Number of venture capital deals among Fintech startups in Brazil in 1st half 2020, by stage." Chart. August 31, 2020. Statista. Accessed June 28, 2022. https://www.statista.com/statistics/1171851/fintech-venture-capital-deals-brazil-stage/
Distrito. (2020). Number of venture capital deals among Fintech startups in Brazil in 1st half 2020, by stage. Statista. Statista Inc.. Accessed: June 28, 2022. https://www.statista.com/statistics/1171851/fintech-venture-capital-deals-brazil-stage/
Distrito. "Number of Venture Capital Deals among Fintech Startups in Brazil in 1st Half 2020, by Stage." Statista, Statista Inc., 31 Aug 2020, https://www.statista.com/statistics/1171851/fintech-venture-capital-deals-brazil-stage/
Distrito, Number of venture capital deals among Fintech startups in Brazil in 1st half 2020, by stage Statista, https://www.statista.com/statistics/1171851/fintech-venture-capital-deals-brazil-stage/ (last visited June 28, 2022)