Nigeria FinTech Landscape - Impact Assessment
NUBANK Impact
Quantitative
achievements
SOURCE: McKinsey Panorama
Generated USD 170.5 mn
total revenue in 2017
Valued at USD 4 bn (as of October 2018)
Customers have saved up to
in maintenance and
USD 78.14 transfer fees
ID
Serves 5 mn credit card holders,
and it has 2.5 mn customers
M
a
with a digital account with 10,000 testing the
new debit card services
Over 16 mn people requested the
Free of charge credit card so far (as of March 2019)
Qualitative
achievements
ny bank
Became the first Latin American
company to win the Marketers
That Matter Award joining
Google, Netflix, GoPro, and Visa
on the list of winners
Backed by DST Global, Sequoia
Capital, Goldman Sachs,
Founders Fund, Tiger Global
Management, Kaszek Ventures,
Tencent
Headquarter is located in Sao.
Paulo, Brazil but it also operates
an engineering office in Berlin,
Germany
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