nubank

Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. All the cool kids are filling out the Equity listener survey

Nubank's decision is now another data point that leaves us wondering how long it will be before another Latin American fintech dares to IPO.

Fintech was the hottest thing around last year, a fact that may now turn into a venture capital and startup headache.

Mono is building a fully digital bank with accounts that can be opened in around 15 minutes versus an average of two weeks at an incumbent bank. 

Let’s dig into the early Q2 data on venture capital investment into LatAm startups, and then discuss the halo effect — or lack thereof — of Latin American giants like Nubank.

A large initial public offering took GoTo public in Indonesia. Given the generally chilly global IPO climate, and the fact that GoTo managed to float without sinking, The Exchange got curious.

Last year, SEON, which has an anti-fraud platform designed to fight accounts raised a $12 million Series A. It does this by looking at a customer’s ‘digital footprint’ – especially their s

Latin America is an interesting place to dive into what might be coming for startups. Why? Because dollar funding has now fallen for three consecutive quarters in the region.

There’s no shortage of digital banks in Nigeria and, in general, in Africa. As the region continues to experience rapid growth in mobile usage and the corresponding growing young population, these f

Base10, a venture firm founded only four years ago, just closed its third fund with $460 million in capital commitments. Because co-founder Ade Ajao — originally from Spain — is half Niger

There’s work to be done, but pretending aggregate deal value is the metric that matters is malpractice.

You can count on one hand the number of funds bigger than Tiger Global. But in terms of influence, speed and number of investments made since 2021, Tiger has led the pack alongside Sequoia. Last year,

For our latest survey, we contacted 14 investors who are active in climate tech. Beyond sharing their investment thesis, they also let us know what they’re looking for and how they measure success.

Unless you own many shares of financial technology startups, this will be fun.

What do Nu's earnings – and the resulting investor response – mean for Chime and other neobanks on the cusp of pursuing their own public offerings?

Dave.com hopes to join SoFi in the ranks of the fintech startups that did just fine in their SPAC debuts. 

We asked our staff to vote on their favorite stories of the year, added evergreen content and our top TC+ articles for a well-rounded 2021 list. Enjoy!

I’ll be off on Tuesday, December 21, but we’ll return with a very comprehensive newsletter on Friday, December 24. Thanks very much for reading, and have a great week!

Fees on the Nubank IPO were among the lowest of the year. Could it also be a sign of some of the changes we are planning to track in 2022?

We need to grok how 2021 ended to understand where 2022 begins.