Nubank is a privately held Brazilian company, headquartered in São Paulo (Rua Capote Valente, 39 – São Paulo, SP – 05409-000), and was founded on May 6, 2013. Its founders are David Vélez Vagner S. Teves Jr (current CEO in Brazil, Mexico and Argentina), Edward Wible and Cristina Junqueira.
O insight emerged from the terrible and counterproductive experience that David Vélez lived here in Brazil.
Between being stuck in revolving doors, waiting endlessly for the manager and still facing absurdly high fees, the realization came about how unnecessary all that was for what he needed.
And with that, the idea of a digital 100% bank – for “reinvent the possible“.
The bank's first customers were him and his employees. Then it started to receive contributions from Sequoia and Kaszek Ventures and, in this way, it grew.
April 1, 2014: the first purchase made with a Nubank card.
Bank code/number: 260
unicorn startup
In 2018, Nubank achieved unicorn startup status by achieving a market price valuation of 1 billion US dollars, being the third Brazilian company with this brand so far.
investors
Among its investors are: Sequoia Capital, Kaszek Ventures, Tiger Global Management, Founders Fund, Goldman Sachs, QED Investors, DST Global, Redpoint Ventures, Ribbit Capital, Dragoneer Investment Group, Thrive Capital and Tencent.
What is the difference between Nubank and traditional banks?
Nubank is 100% digital. Free of fees for transfers (TED and DOC).
Everything is solved by the application (including the opening of the account itself). Your money in the account earns more than savings.
Main products
2017 was the year in which Nubank presented its benefits program, Nubank rewards and NuConta.
This digital account is already used by more than 17 million Brazilians.
And that, in 2019, it even started offering loans to a selected number of its customers.
NuConta
NuConta has a debit function, with TED and DOC free of fees, the possibility to generate slips and send them to whoever you want, directly from the app.
In addition to the ease of being able to transfer your salary and receive it directly into your account (and already earning more than savings).
All money that enters the Nubank account is already automatically yielding every working day at 100% of the CDI. know more.
Credit card
Perhaps what most calls attention is the simple fact that Nubank is a bank free of monthly fees related to the current account.
Even if you advance the credit card installments, you still get discounts directly in the app.
Note: the card brand is MasterCard – and this is international.
There is a variation of Gold and Platinum.
But these benefits are granted by the brand itself (MasterCard) and not by Nubank.
Nubank Rewards
This is the Nubank points program.
You can use it to receive discounts at restaurants and program partners, redeem flights and accommodations purchased on any website.
You can even get your points quickly to Smiles, through the app.
As a customer, there is a R$ 19.90/month plan. And a plan of R$ 190.00/year.
Note: the first 30 days are free and you can cancel whenever you want through the app. Find out how it works.
fees
TED and DOC are fee-free.
The only fee that draws attention is on withdrawals (after all, we are talking about a digital bank). Debito Nubank has a fee of 6.50 (only when withdrawing).
Loan Simulator
Nubank allows – even recommends – that you simulate before deciding to hire.
“By simulating before hiring, you can see how much and when you are going to pay off your loan. All transparently, simply and clearly on your screen.”
Simulator. know more.
Digital Security
“At Nubank we develop simple, secure and 100% digital solutions for you to have control of your money literally in your hands. We value our customers and understand how important cybersecurity is for them to enjoy our services with peace of mind.
The security of your information is in our DNA and we provide a summary of our Cyber Security Policy here so you can learn a little more about our guidelines for protecting your data.” know more.
PJ account
Last year (2019), Nubank launched the PJ account. Which is an account format targeted at entrepreneurs, small business owners and self-employed.
The objective, as always, is to “de-bureaucratize” the relationship between the person and the bank. In this case, the bureaucracy related to legal bills.
Savings
You won't need it, the money in the account already yields more than savings.
Community, Newsletter and Blog
The Nubank website also has an official community (NuCommunity) to answer questions, a blog to explore certain subjects (Fala, Nubank) and a newsletter to have a direct route by e-mail with whoever you prefer.
Is it worth opening an account?
If you want a digital 100% account, without unnecessary bureaucracy, that just from your money being there already yields more than savings, the answer is of course yes!
In a bank where everything is solved through the app, with innovative, extremely simple and practical features.
And all this without fees. Yup. It is worth opening a Nubank account. And you still get a purple card.
Can anyone open an account?
Nubank is a little more exclusive than other digital banks.
It helps if you get an invite. But everyone can ask for an analysis, both to be able to open the account and to enable the credit function. Download the app and check.
Open Vacancies
The site also provides an exclusive page for those who want to "join the revolution“. Where they penetrate into the details of career possibilities within the company, as well as its pillars and vision.
Nubank starts in an innovative way and intends to continue that way. So if you have the will to remake the possible, there lies an opportunity. know more.
“With a food truck at the door, graffitied walls and foosball tables, the headquarters looks like anything but a card issuer – the average age of the employees, which is to say, is 26 years old.” – Vogue
Contact
24-hour service.
Phone: 08006086236
Email: [email protected]
OMBUDSMAN
Open from 9 am to 6 pm (working days).
08008870463
For more news, access.
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