Nomad
Financials
Estimates*
USD | 2020 | 2021 |
---|---|---|
Revenues | 2.5m | 8.4m |
% growth | - | 235 % |
Date | Investors | Amount | Round |
---|---|---|---|
$5.8m | Early VC | ||
$20.0m | Series A | ||
* | BRL160m Valuation: BRL1.0b | Early VC | |
N/A | - | ||
* | BRL300m Valuation: BRL1.8b | Series B | |
Total Funding | CAD146m |
Related Content
Recent News about Nomad
EditNomad Global is a Brazilian fintech startup that provides a global financial account for its customers. It primarily serves Brazilians who want to have a US account, offering them a platform to save on exchange rates with commercial dollar rates and an international debit card. The company operates in the fintech market, specifically in the financial services and digital banking sectors.
Nomad's business model revolves around providing financial services that include global investment funds and facilitating international remittances. It generates revenue through transaction fees and service charges for its financial products. The company has recently expanded its services by acquiring Husky, another fintech company, to enhance its global financial services.
Nomad has shown impressive growth, with a customer base exceeding 1.5 million and a valuation of R$ 1.8 billion. It has also raised significant capital, with a recent funding round bringing in R$ 300 million. The company is projected to quadruple its revenue by 2023, reaching R$ 250 million.
Nomad has also been recognized as a potential unicorn startup, indicating its potential to reach a billion-dollar market value. It has been chosen as Brazil's representative in the G20's Startup20, a group focused on specific and priority issues.
Keywords: Fintech, Global Financial Account, International Remittances, Investment Funds, Digital Banking, Financial Services, Startup, Unicorn Potential, Brazilian Market, Financial Growth.