Source: Tencent has agreed to invest about $200M in Brazil-based Nubank, which makes a "no-fee" credit card managed via a mobile app, valuing the startup at $4B (The Information)

The Information:
Source: Tencent has agreed to invest about $200M in Brazil-based Nubank, which makes a “no-fee” credit card managed via a mobile app, valuing the startup at $4B  —  Chinese internet giant Tencent has agreed to invest about $200 million in Brazil's Nubank, which offers virtual credit cards …

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