Nubank (NU) Acquires Hyperplane

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Nubank Acquires Hyperplane to Accelerate AI-First Strategy

June 26, 2024 10:20 AM EDT

AI technology will power Nubank's platform, providing deeper insights into customer needs and creating hyper-personalized digital financial services; Hyperplane's systems will integrate seamlessly, with immediate benefits

SÃO PAULO--(BUSINESS WIRE)-- Nubank announced today the acquisition of Hyperplane, a data intelligence company from Silicon Valley. The partnership will usher in a new era for digital banking platforms, bringing smarter, fairer, and more personalized financial products and services to Nubank's customers.

Hyperplane, launched in 2022 and co-founded by Daniel Silva, Felipe Lamounier, Rohan Ramanath, and Felipe Meneses, has been instrumental in using proprietary foundation models to... More