PRESS RELEASE
17 May 2022

Foley Represents Brazilian Fintech Nomad In $32M Financing

FL
Foley & Lardner

Contributor

Foley & Lardner LLP looks beyond the law to focus on the constantly evolving demands facing our clients and their industries. With over 1,100 lawyers in 24 offices across the United States, Mexico, Europe and Asia, Foley approaches client service by first understanding our clients’ priorities, objectives and challenges. We work hard to understand our clients’ issues and forge long-term relationships with them to help achieve successful outcomes and solve their legal issues through practical business advice and cutting-edge legal insight. Our clients view us as trusted business advisors because we understand that great legal service is only valuable if it is relevant, practical and beneficial to their businesses.
Foley & Lardner LLP recently represented Nomad, a Latin American fintech that enables Brazilians to establish bank accounts in the United States, in its $32 million (R$160 million) financing.
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Foley & Lardner LLP recently represented Nomad, a Latin American fintech that enables Brazilians to establish bank accounts in the United States, in its $32 million (R$160 million) financing. The round was led by Stripes, followed by monashees, Spark Capital, Propel, Globo Ventures, and Abstract.

Founded in 2019 by Patrick Sigrist, Marcos Nader, and Eduardo Haber, Nomad has 300,000 customers and aims to acquire 1 million new customers by the end of 2022. This latest source of funding will be used to invest in new technology, launch new products, and expand the operating team. The company previously raised a $20 million Series A round in 2021. 

The Foley team was led by Partner André Thiollier.

PRESS RELEASE
17 May 2022

Foley Represents Brazilian Fintech Nomad In $32M Financing

United States

Contributor

Foley & Lardner LLP looks beyond the law to focus on the constantly evolving demands facing our clients and their industries. With over 1,100 lawyers in 24 offices across the United States, Mexico, Europe and Asia, Foley approaches client service by first understanding our clients’ priorities, objectives and challenges. We work hard to understand our clients’ issues and forge long-term relationships with them to help achieve successful outcomes and solve their legal issues through practical business advice and cutting-edge legal insight. Our clients view us as trusted business advisors because we understand that great legal service is only valuable if it is relevant, practical and beneficial to their businesses.
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