Contxto – The latest Brazilian startup spreading its wings abroad is Nubank, made apparent with its recent Mexico expansion.

So, what does that mean, exactly?

Well, obviously this move screams “massive growth.” While the company is still focused on fortifying operations in Brazil, it’s also open to foreign opportunities.

On that note, organizers have already announced a few recruitment sessions in Mexico. By the end, Nubank will certainly find new talent to support its growth in Latin America.

We seek [international] professionals because we want the world’s best team, so we need to take a global approach of competing for talent, bringing the best people to help us tackle our challenges regardless of where in the world they may be right now.

Cristina Junqueira, Nubank’s co-founder

Interested candidates can check out Nubank’s job openings on social media or attend events on February 15th and 16th in Guadalajara.

What is Nubank’s status?  

Since beginning in 2013 under the leadership of CEO David Vélez, the fintech scaleup has accumulated over 6 million customers in Brazil using its digital bank and tax-free credit card system. Even more impressive, Nubank ranked third as Latin America’s most innovative company, according to Fast Company.

To date, the company is one of Brazil’s most famous unicorns, worth more than US$1 billion.

Recently, Nubank raised approximately US$420 million in seven equity rounds. Investors included Sequoia Capital, Kaszek Ventures, Tiger Global Management, QED, Founders Fund, DST Global, Redpoint Ventures, among others.

We reached out to Nubank for commentary but still waiting for a response.

In my opinion, this news is also a sign that Latin America’s fintech industry is gradually maturing. Nubank can look forward to competing with uprising Mexican firms like albo, Fondeadora and Vexi – all of whom are also trying to revolutionize banking.

Personally, any company that challenges traditional banking methods is good in my book. Welcome to Mexico, Nubank.



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