Acquiring Company
Nubank
Acquired Company
Hyperplane
Sao Paulo
Palo AltoFinancial ServicesFinanceFintechLendingBankingSoftwareDescription
Nubank has announced the acquisition of Hyperplane, a data intelligence company from Silicon Valley. This partnership aims to usher in a new era for digital banking platforms, bringing smarter, fairer, and more personalized financial products and services to Nubank's customers. The acquisition will enable Nubank to leverage Hyperplane's AI technology to analyze vast datasets and personalize services on a granular level, enhancing the company's journey towards a smarter, AI-first banking ecosystem.
Quick answer
Nubank is acquiring Hyperplane, announced June 26, 2024. Nubank is based in Sao Paulo, Sao Paulo, Brazil.
- How much did Nubank pay for Hyperplane?
- The deal value was not disclosed.
- What does Nubank do?
- Nubank is the world's largest digital banking platform outside of Asia, serving over 100 million customers across Brazil, Mexico, and Colombia.
- Where are Nubank and Hyperplane based?
- Nubank is based in Sao Paulo, Sao Paulo, Brazil. Hyperplane is based in Palo Alto, California, United States.
- Who are the decision-makers at Nubank?
- Fundz holds 5 contacts at Nubank. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Finance
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Access Bank solidifies its presence in East Africa with acquisition of African Banking Corporation of Tanzania (ABCT) Limited (June 11, 2024)
- Peoples Financial completes merger with FNCB Bancorp (July 1, 2024)
- NOBA Bank Group merges with Nordax Holding (July 1, 2024)
- National Bankshares, Inc. completes acquisition of Frontier Community Bank to expand its presence in the region (June 3, 2024)
- Atlantic Union Bank completes integration of American National Bank and Trust Company (May 28, 2024)
- The Bank of New Glarus completes acquisition of First National Bank at Darlington to expand services (June 5, 2024)
Who to call at Nubank, and when
When Nubank changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Nubank raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Nubank, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Hyperplane?
Hyperplane was acquired by Nubank, based in Sao Paulo. The deal was reported on June 26, 2024. Nubank is the world's largest digital banking platform outside of Asia, serving over 100 million customers across Brazil, Mexico, and Colombia. Nubank is privately held and operates in Financial Services.
When did Nubank acquire Hyperplane?
Nubank's acquisition of Hyperplane was reported on June 26, 2024. Nubank has announced the acquisition of Hyperplane, a data intelligence company from Silicon Valley. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Hyperplane do?
Hyperplane is the leading data intelligence platform that helps banks unlock the potential behind their first-party data. It is privately held, operating in Software, and is based in Palo Alto.
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