Banking News

Stack Capital Holding Hopper Strikes Deal with Nubank

Stack Capital Holding Hopper Strikes Deal with Nubank

Hopper to power Nubank’s travel portal – targeting 80 million customers

Stack Capital Group Inc., is pleased to announce that Hopper, Inc., an existing portfolio holding, has announced a partnership with Nubank / Nu Holdings Limited, one of the largest digital banks in Brazil and across Latin America.

Building on the success of similar partnerships with the likes of Capital One Financial Corporation and Uber, Hopper will power Nubank’s travel portal, delivering a full range of booking options such as flights, hotels, and car rentals through the bank’s mobile app, along with a suite of fintech products designed to make travel cheaper, easier and less stressful, to over 80 million Nubank customers.

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“This is a great partnership for Hopper Cloud, as we’ll have the opportunity to combine Hopper’s global travel and ecommerce expertise with Nubank’s innovative approach to digital financial services,” said Dakota Smith, President & Co-Founder of Hopper. “We are seeing strong demand for these offerings from partners around the world. In fact, Hopper Cloud now comprises more than 50% of Hopper’s overall business.”

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“This partnership with Nubank is yet another impressive accomplishment for Hopper,” said Jeff Parks, CEO of Stack Capital. “Hopper Cloud continues to expand globally and is generating significant growth; we’re very excited and optimistic about the future outlook for the B2B business given the strength of the offering.”

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