Nomad
King George, US · Founded 2019 · Delaware corporation · 1,200 employees on LinkedIn · 7 known investors
Nomad is a Brazilian fintech that lets non-resident Brazilians open US bank accounts, use a Nomad Visa debit card, and access US investment products through registered US brokerage and advisory entities. It serves individual Brazilian consumers seeking dollar accounts and investing abroad, with wealth advisory offered in Brazil via a CVM-authorized entity.
Also known as Nomad Fintech Inc. · Nomad Investment Services · Nomad Tecnologia Ltda. · Nomad Wealth
Founders & leadership
Investors · 7
Reported raises · per SEC filings
Form D private placements$3M disclosed across 2 of 3 rounds · 2023–2026
▶$1MraisedMar 2026 · 2 investors · Other Real EstateRule 506(b)
- OLEKSANDR MOKROHUZExecutive Officer, Director, Promoter
- VITALIY HAYDAExecutive Officer, Director, Promoter
- Offering amount
- $1M
- Amount sold
- $1M
- First sale
- Sep 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$2MraisedJan 2026 · 1 investors · Other Real EstateRule 506(b)
- OLEKSANDR MOKROHUZExecutive Officer, Director, Promoter
- VITALIY HAYDAExecutive Officer, Director, Promoter
- Offering amount
- $2M
- Amount sold
- $2M
- Minimum investment
- $2M
- First sale
- Jan 2026
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Nomad is a Brazilian fintech that provides an app-based international account for Brazilians, combining a US dollar and euro balance, an internationally accepted Visa debit card, a Brazil-focused credit card (Nomad Explorer), international transfers, and access to US investment products. The company states it is not a bank; foreign exchange operations and transfers of funds from Brazil to US deposit accounts are carried out in partnership with Ouribank S.A. Banco Múltiplo, with Nomad Tecnologia Ltda. acting as a foreign exchange correspondent of Ouribank under Brazilian CMN Resolution 4.935/2021 and Joint Resolution No. 13/2024. US accounts are opened by Nomad Fintech Inc. for non-US-resident Brazilians.
The product set spans three declared use cases: travel (dollar or euro balance, global debit card, international SIM chip, travel insurance, VIP lounge access, 24/7 Portuguese-language support), investing (fixed income, stocks and ETFs in the US market, plus advisory), and receiving payments from abroad. Adjacent services include the Nomad Lounge at Terminal 3 of Guarulhos Airport, Nomad Shop (travel products and discounts), Nomad Coffee (a physical space near the US Consulate in São Paulo offering printing, lockers and Wi-Fi), a presence at Orlando Premium Outlets, and Nomad Pass, a loyalty program that can reduce conversion fees by up to 50%.
The company describes itself as regulated by the SEC, with international account balances held at FDIC-member institutions and insured up to US$250,000 per depositor per insured bank, and investment accounts offered through Nomad Investment Services, a SIPC member with securities protection up to US$500,000. Nomad Investment Services obtained a FINRA broker-dealer license, and Nomad Wealth was launched as an independent investment advisory firm registered in Brazil with a zero-commission model.
Founding story
Nomad's own about-us page states the company was founded by Lucas Vargas (Co-founder & CEO), Gabriel Pinto (Co-founder & CTO), Patrick Sigrist, Eduardo Haber and Marcos Nader, and was created to give Brazilians simpler, less bureaucratic access to global financial services. The company describes its starting point as launching an app-based international account in a period of uncertainty and isolation.
Business model
Nomad operates a consumer fintech platform distributed through iOS, Android and web apps. Account opening, maintenance, minimum balance, card annual fee, card transactions and Nomad-to-Nomad transfers are advertised at US$0.00, with revenue instead tied to currency conversion charges and certain transaction fees. The company works with licensed partners for regulated functions: Ouribank for FX and Brazil-to-US transfers, FDIC-member institutions for deposits, and Nomad Investment Services (FINRA/SIPC) for brokerage.
Disclosed pricing indicates monetization mainly through foreign exchange conversion: a conversion fee that varies with the customer's Nomad Pass loyalty tier (illustrated at 1% for Nomad Pass Level 5) plus charges covering tariffs and financial costs (1.1% for the Investment Account and 3.5% for the International Account). A flat fee of US$10 applies to transfers to other US bank accounts, while account opening, maintenance and Nomad-to-Nomad transfers are free.
Traction
The company reports more than 3.8 million customers (an English-language page still cites 3.5 million), R$7 billion in investment assets under management, US$10 billion spent on experiences using its debit card, and more than 500 team members. App store ratings cited are 4.7 on the App Store and 4.5 on Google Play.
Latest developments
The most recent milestones on Nomad's timeline are Nomad Investment Services obtaining a FINRA broker-dealer licence and the launch of Nomad Wealth, a Brazil-registered independent investment advisory firm with a zero-commission model. The consumer site also promotes a euro balance alongside the dollar balance, the Nomad Explorer credit card for domestic Brazilian use with a 3-points-per-dollar rewards program, and the Nomad Coffee and Orlando locations.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Nomad describes itself as a pioneer and one of the first Brazilian fintechs to offer an international account in US dollars for Brazilians. It cites recognition including an "Expanding Businesses 2025" award, inclusion among the "100 Most Promising Fintechs in the World", a "100 Startups to Watch" listing, the #2 position on the LinkedIn Top Startups list, selection for the "Emerging Giants" program, and a "Success Story: Startups" feature for CEO Lucas Vargas.
Positioning rests on an integrated offering for Brazilians abroad — dollar and euro balances in one account, no opening/maintenance/card fees, use of the commercial rather than tourist exchange rate, a fee-reducing loyalty program, US regulatory coverage (FDIC, SIPC, FINRA membership, SEC regulation as stated by the company), Portuguese-language 24/7 support, and physical services such as an airport lounge, a São Paulo café near the US Consulate and support at Orlando Premium Outlets. Nomad Wealth is presented as a commission-free advisory model.
Technology
A mobile-first application (iOS, Android and web) handling digital onboarding with document photo and selfie verification, with accounts typically opened within one business day. The app supports in-app currency conversion, multi-currency balances (USD and EUR), physical and virtual debit cards, ACH and wire transfers, and investment trading.
Go-to-market
Direct-to-consumer acquisition through free app downloads and self-service onboarding, supported by content marketing (a blog covering travel and expatriation topics), a loyalty program (Nomad Pass), physical touchpoints in São Paulo, at Guarulhos Airport and at Orlando Premium Outlets, a partner/commercial program, and 24/7 Portuguese-language customer service.
Individual Brazilian consumers who are not US residents — travellers, people receiving payments from abroad, and retail investors seeking dollar-denominated assets. Eligibility requires being a Brazilian by birth or naturalization, over 18, with a valid Brazilian address and an RG, driver's licence or Brazilian passport.
Geography
Customers are Brazilian residents; Nomad Tecnologia Ltda. is headquartered in São Paulo (Rua Bela Cintra, 1149, Consolação), with US-facing operations via Nomad Fintech Inc. and Nomad Investment Services. Physical touchpoints include the Nomad Lounge at Guarulhos Airport Terminal 3, Nomad Coffee in São Paulo, and a service point at Orlando Premium Outlets in the United States. Contact numbers are listed in both Brazil (+55 11 4200-0204) and the US (+1 689 220-6078). Card acceptance is described across more than 180 countries and 35 million-plus merchants.
History
Per Nomad's timeline, the company began with the international account, then added access to international investments. It subsequently acquired Husky, adding international transfer services so Brazilians could receive payments from abroad. It later raised US$61 million at a valuation of R$1.8 billion and opened the Nomad Lounge at Guarulhos Airport. It then expanded into USD fixed income, launched Nomad Trips for travel planning and bookings, and opened Nomad Coffee in São Paulo opposite the US Consulate. Most recently, Nomad Investment Services obtained a FINRA broker-dealer license and Nomad Wealth was launched as a Brazil-registered, commission-free investment advisory firm.
Risks & controversies
No controversies, disputes or regulatory actions are described in the available sources. Sources note dependence on third-party partners (Ouribank for FX and cross-border transfers, FDIC-member banks for deposits) and that Ouribank disclaims responsibility for US account opening/management and currency conversions; the company also states explicitly that it is not a bank. Customer figures are inconsistent between Nomad's Portuguese and English pages (3.8 million vs 3.5 million).
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 3
by search overlap
Companies competing with Nomad for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 9
launches, deals, and filingsNomad lists an "Expanding Businesses 2025" award among its recognitions, alongside inclusion in "100 Most Promising Fintechs in the World", "100 Startups to Watch", #2 on LinkedIn Top Startups and selection for the "Emerging Giants" program.
Foreign exchange operations and fund transfers from Brazil to US deposit accounts are carried out in partnership with Ouribank S.A. Banco Múltiplo, with Nomad Tecnologia Ltda. acting as Ouribank's foreign exchange correspondent.
Nomad launched Nomad Wealth, an independent investment advisory firm registered in Brazil operating on a zero-commission model.
Nomad Investment Services obtained its FINRA license to operate as a broker-dealer in the United States.
Nomad opened Nomad Coffee in São Paulo, opposite the U.S. Consulate, providing printing, lockers and Wi-Fi.
Nomad expanded its offering to include USD fixed income products and launched Nomad Trips for travel planning and bookings.
Nomad opened the Nomad Lounge at Guarulhos Airport (Terminal 3), offering lounge access and instant card issuance for customers.
Funding round of US$61 million reaching a valuation of R$1.8 billion, used to strengthen the team and product portfolio.
$61M source ↗
Nomad acquired Husky, introducing international transfer services that allow Brazilians to receive payments from abroad.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structureIn the news
Nomad's New Voyager Platform Raises Energy Capacity by More Than 50%stocktitan.net · Aug 2026▸Research sources · 8
primary sources listed
- Nomadnomadglobal.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Nomad do?
- Brazilian fintech offering non-resident Brazilians a US dollar/euro international account, debit and credit cards, and US investments.
- Who are Nomad's investors?
- Nomad's investors include Abstract Ventures, MONASHEES, Norte Ventures, Propel Venture Partners, Provence Partners, Montage Ventures, Spark Capital.
- How much funding has Nomad raised?
- Nomad has disclosed $3M raised across 2 of its 3 known rounds.
- Where is Nomad headquartered?
- Nomad is headquartered in King George, US.