Nubank’s $150 Million Round Funding


Pinheiro Neto, K&L Gates, Campbells, Demarest Advogados and Goodwin Procter advised on the deal

Nubank raised $150 million in a new financing round led by DST Global Investment Partners and including Dragoneer Investment Group LLC and venture capital firm Thrive Capital Partners Inc., alongside current investors, such as Founders Fund, Redpoint Ventures, Ribbit Capital LP and QED.

Nubank provides financial services in Brazil. Nubank is the leading digital finance company in Brazil. The company, led by David Vélez is based in São Paulo, Brazil.

Pinheiro Neto advised Nubank with Bruno Balduccini (Picture), Thais Garcez de Mendonça and Caroline Queiroz Gomes.

In US, K&L Gates advised Nubank with Eric Save, Mark Hammes and Nolan Thomas.

In Cayman Islands Campbells advised Nubank wiht Simon Thomas.

Demarest advised DST Global and Thrive Capital Partners V, LP with José Diaz, Luciana Tornovsky, Fabio Braga, Tatiana Campello, Katia Zambrano, Catarina Rodrigues, Bruno Drago, Débora Sejtman, Henrique Melo, Henrique Alexandre, Julia Pazos and Cleber David. Asociado Mateus Maia.

Goodwin Procter advised DST Global with James Hutchinson, Cameron Contizano, Aaron Klein and Andrés Corcuera.

Involved fees earner: Simon Thomas – Campbells; José Setti Diaz – Demarest; Luciana Cossermelli Tornovsky – Demarest; Débora Sejtman – Demarest; Henrique Alexandre Neto – Demarest; Fabio de Almeida Braga – Demarest; Cleber Cilli David – Demarest; Mateus Maia de Souza – Demarest; Tatiana Campello – Demarest; Julia Davet Pazos – Demarest; Katia Zambrano Mazloum – Demarest; Catarina Rosa Rodrigues – Demarest; Bruno Drago – Demarest; Henrique Soares Melo – Demarest; Bruno Balduccini – Pinheiro Neto; Thais Garcez Lima de Mendonca – Pinheiro Neto; Caroline Guazzelli Queiroz Gomes – Pinheiro Neto; Eric Save – K&L Gates; Mark Hammes – K&L Gates; Nolan Thomas – K&L Gates; James Hutchinson – Goodwin Procter; Cameron Contizano – Goodwin Procter; Aaron Klein – Goodwin Procter;

Law Firms: Campbells; Demarest; Pinheiro Neto; K&L Gates; Goodwin Procter;

Clients: DST Global; Thrive Capital; NuBank;

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Author: Ambrogio Visconti.