Reuters exclusively reported that Brazilian digital bank Nubank has initiated preparations for a U.S. stock market listing that could come as early as this year. Nubank was valued at around $25 billion in a January private fundraising round, more than doubling its valuation. Nubank is working with advisers about an initial public offering in New York, sources told Reuters.
Business & Finance
Reuters exclusively reports Brazil’s Nubank readies U.S. stock market listing
23 April 2021, 3:21 pm 1 minute
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: South America
Countries: Brazil
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story