Nubank, a neobank focused on Latin America, and backed by Warren Buffet, recently filed its F-1 with the SEC. The estimated $55B valuation would dwarf Revolut’s $33B valuation from its most recent funding this summer. Noted Bloomberg, Nubank’s revenue for the first half for 2021 is more than $716M with net income of $13.7M.
Nubank IPO Filing, Valuation Spotlights Heady Neobank Growth Expectations