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Brazil’s Nubank slashes IPO valuation target to about $40B

Brazilian digital bank Nu Holdings slashed the targeted price range for its U.S. stock market flotation by about 18% on Tuesday, as a recent global selloff in technology stocks weighs on year-end initial public offerings.

Read the full article at: www.reuters.com

The post Brazil’s Nubank slashes IPO valuation target to about $40B appeared first on LendIt Fintech News.

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