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Brazilian fintech startup Nomad raises over $32 million

Nomad, [https://nomadglobal.com/] a fintech startup that allows Brazilians to open accounts in the US has raised $32.1 million in a new funding round led by the Stripe Fund. * The funds will be used to develop new products, increase its customer base and build out new technologies, the

Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Brazilian fintech startup Nomad raises over $32 million
Photo by Melvin Thambi / Unsplash

Nomad, a fintech startup that allows Brazilians to open accounts in the US has raised $32.1 million in a new funding round led by the Stripe Fund.

  • The funds will be used to develop new products, increase its customer base and build out new technologies, the startup claims.
  • Launched in 2019, Nomad is helping Brazilians to open bank accounts in the US, and get international debit cards and electronic fund transfers (EFTs).
  • Funds Monashees, Spark Capital, Propel, Globo Ventures, and Abstract participated in the funding round.
Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi

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