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Nubank is a Brazilian neobank headquartered in São Paulo, Brazil. It is the largest fintech bank in Latin America, with around 88 million customers in Brazil and 6 million between Mexico and Colombia and a revenue of $8 billion. [1]: 20 At its initial public offering in December 2021, Nubank was valued at $45 billion. [2] [3]
An interchange fee is a fee paid between banks for the acceptance of card-based transactions. Usually for sales/services transactions it is a fee that a merchant's bank (the "acquiring bank") pays a customer's bank (the "issuing bank").
Cristina Junqueira (born September 1982) is a Brazilian businesswoman who is the co-founder of Nubank. [1] With a background in engineering, she transitioned from management consulting to supervising a credit card portfolio at a major Brazilian bank.
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