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Accountfy raises US$6.5 million with Redpoint eventures and HDI Seguros
Contxto – Accountants at Brazilian, Accountfy, recently added US$6.5 million onto the startup’s “assets” column in its balance sheet. The Brazilian SaaS platform recently closed an equity round for this amount and made the announcement today. Lead investors are Redpoint eventures and HDI Seguros (an insurance company). Accountfy will direct funds towards R&D so as […]
It’s official: fintech Nubank has 20 million customers
Contxto – For Brazilian fintech Nubank, January 20, 2020 will be a date to remember. As that’s the day it announced a new milestone: it has 20 million customers. This number is divided between customers that have a NuConta (the startup’s digital bank account) under their name and people registered for its annuity-free credit card. […]
Brazil’s Nucont raises US$1.1 million for its accounting technology
Contxto – Bookkeepers at Brazilian fintech, Nucont, will be adding R$4.5 million (about US$1.1 million) onto the startup’s balance sheet. This of course is the result of Nucont raising its first investment in a round led by Cedro Capital. Joining this venture capital (VC) firm were FC Partners and M&A Boutique. The Belo Horizonte-based startup […]
Nubank debit payments for Spotify and Netflix from December 9
Contxto – Just yesterday, Brazilian fintech Nubank revealed that NuConta cardholders can look forward to making monthly debit payments for streaming services beginning December 9. Meaning, if it’s time to cough up for your Netflix and Spotify Premium subscriptions, you’re in luck. Originally, this service was only available for credit cardholders. Not anymore! Though still […]
Nubank commences pilot for pre-paid phone recharges
Contxto – Just yesterday, Nubank released a pilot for customers who prefer pre-paid phone plans. What this means is that certain account holders can look forward to recharging their cellphones over the NuConta digital account. NuConta phone recharges From the sounds of reports, the new cellphone recharge function will begin as a trial, at least […]
Nubank scraps waiting list for credit cards
Contxto – What used to take up to three months for prospective Nubank credit cardholder will now require a whole lot less time. To the delight of many, the Brazilian fintech has switched up its approval process for the group of “maybes.” While some sources say Nubank scrapped its waiting list altogether for aspiring credit […]