The Tencent and Berkshire Hathaway-backed digital bank, valued at $30bn in June, has confidentially filed to go public on the New York Stock Exchange.

Nubank, a Brazil-based digital bank operator backed by corporates Tencent and Berkshire Hathaway, announced yesterday it has confidentially filed a draft registration for an initial public offering (IPO).

Nubank’s holding entity, Nu Holdings, made the submission to the US Securities and Exchange Commission (SEC) along with a similar filing with Brazil’s securities commission, Comissão de Valores Mobiliários.

Founded in 2013, Nubank provides a digital banking platform that offers services like bank accounts and debit and credit cards, all available through…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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