<p><span style="font-weight: 400;">Brazilian fintech unicorn Nubank listed on the New York Stock Exchange (NYSE) and Brazil’s B3 this week, starting its journey as a public company.</span></p> <p><span style="font-weight: 400;">Nubank listed on the NYSE (NU) and Brazil’s B3 exchange (NUBR33) on Dec. 9, after </span><a href="https://www.theblockcrypto.com/post/124246/fintech-unicorn-nubank-expects-twin-public-listings-next-month-invites-app-users-to-become-partners"><span style="font-weight: 400;">announcing</span></a><span style="font-weight: 400;"> tentative dates last month.</span></p> <p><span style="font-weight: 400;">According to <a href="https://www.reuters.com/business/finance/latin-americas-nubank-prices-shares-9-each-ipo-source-2021-12-08/">Reuters</a>, Nubank is now the most valuable listed bank in Latin America. The neobank finished its first day of trading on the NYSE with shares up by close to 15%, </span><a href="https://www.cnbc.com/2021/12/09/buffett-backed-nubank-rises-in-trading-on-the-nyse-in-blockbuster-ipo.html"><span style="font-weight: 400;">CNBC reported</span></a><span style="font-weight: 400;">. This valued the company at $45 billion, </span><a href="https://www.forbes.com/sites/jeffkauflin/2021/12/09/shares-of-digital-bank-nubank-rise-15-in-ipo-valuing-the-company-at-45-billion-and-minting-a-new-female-billionaire-cofounder/?sh=7c21f0284317"><span style="font-weight: 400;">according to Forbes</span></a><span style="font-weight: 400;">. </span></p> <p><a href="https://ampvideo.bnnbloomberg.ca/brazil-s-nubank-said-to-price-ipo-at-top-of-range-at-9-a-share-1.1693096"><span style="font-weight: 400;">Bloomberg</span></a><span style="font-weight: 400;"> reported that Nubank priced shares at the top of its marketed $8-9 range, with shares closing at $10.33 on its first day of trading on the NYSE. </span><a href="https://www.bloomberg.com/news/articles/2021-12-09/brazil-s-nubank-jumps-in-debut-after-raising-2-6-billion-in-ipo"><span style="font-weight: 400;">The company raised</span></a><span style="font-weight: 400;"> $2.6 billion, according to the news outlet.</span></p> <p><span style="font-weight: 400;">Nubank, backed by Warren Buffett’s Berkshire Hathaway among others, </span><a href="https://blog.nubank.com.br/nubank-entra-na-bolsa-de-valores/"><span style="font-weight: 400;">calculates</span></a><span style="font-weight: 400;"> that about 815,000 people invested in the company via Brazilian Depositary Receipts (BDRs). Also, about 7.5 million claimed their free, small piece of Nubank as part of its NuSócios program. </span></p> <p><span style="font-weight: 400;">Forty-year-old Nubank founder and CEO David Vélez is now the richest Colombian in the world, according to a Spanish-language </span><a href="https://forbes.co/2021/12/09/editors-picks/david-velez-se-vuelve-el-colombiano-mas-rico-del-mundo-superando-a-luis-carlos-sarmiento/"><span style="font-weight: 400;">article</span></a><span style="font-weight: 400;"> from Forbes.</span></p>