Nomad

What Nomad does

Nomad is a Brazilian fintech that issues US-domiciled dollar-denominated checking accounts, debit cards, and credit cards to Brazilian nationals not resident in the US, and layers investment, eSIM, insurance, travel, and cross-border transfer services on top. The core technology is a mobile-first (iOS/Android) account platform built around a US bank-issued Visa debit card (Community Federal Savings Bank, FDIC-insured) and a BRL-denominated Nomad Explorer Visa Infinite credit card, with Brazilian FX operations conducted through Ouribank (where Nomad Tecnologia Ltda. acts as currency exchange correspondent under CMN Resolution 4.935/2021) and US brokerage intermediated by Global DTVM (CVM) and cleared at DriveWealth/Apex (FINRA/SIPC). The bundle is governed by a multi-jurisdictional regulatory stack: SEC Investment Adviser (CRD 307764), FINRA broker, FDIC-insured issuing bank, and CVM-authorized wealth manager (Nomad Wealth Management). Cross-border payment infrastructure uses Ripple blockchain rails, which is currently being adapted to Brazil Central Bank Resolution No. 561 banning stablecoin/crypto settlement for cross-border eFX (effective October 1, 2026).

Name

Nomad

Legal name

Nomad Fintech Inc.

Website

https://nomadglobal.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

251–500 employees

Short description

Brazilian fintech offering US-domiciled dollar accounts, Visa debit/credit cards, investments, eSIM, insurance, and travel to 3.8M+ Brazilian non-US residents via a mobile-first multi-product platform.

Ownership category

akta.pro rank

Product category

Cross-border digital banking (neobank)

akta.pro primary industry

Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG)

akta.pro secondary industries

International / Multi-Currency Wallets (FSAMAEAL), Crypto Remittance & Cross-Border Money Transfer Providers (FSADAIAD), Card Issuing & Virtual Cards (lodge cards, single-use, tokenization) (THALAHAB), Virtual Card Issuance & Tokenized Corporate Cards (THACAJAA)

Keywords

• International banking services
• Cross-border payments
• Currency conversion
• Travel financial services
• US investment platform

Headquarters

HQ city

São Paulo

HQ country

Brazil

HQ region

Latin America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Currency conversion fees: Conversion fee (starting from 1% at Nomad Pass Level 5) plus financial charges (encargos) of 1.1% for Investment Account and 3.5% for International Account, applied on every BRL-to-USD conversion at the commercial dollar rate.
2. Wire transfer fees: Flat US$10 fee per Wire transfer from a Nomad account to another American bank account (transfers between Nomad accounts are free).
3. Card transaction revenue (debit and credit card): Interchange and processing revenue from international Visa debit card transactions and from the Nomad Explorer Visa Infinite credit card; no annual or per-transaction fees are charged to customers.
4. Investment service commissions: Commissions on US brokerage investments executed through Nomad Investment Services, intermediated in Brazil by Global DTVM and cleared/custodied by DriveWealth and Apex Clearing, with SIPC protection up to US$500,000 per client.
5. Nomad Chip eSIM plan sales: Direct sale of international eSIM data plans at unit prices ranging from US$4 (1GB/7 days) to US$230 (Unlimited/15 days), with regional and global pricing tiers.
6. Travel insurance distribution commissions: Commissions from Assist Card on travel insurance policies distributed through the Nomad app, with up to 30% discount offered to Nomad clients and a 'buy one get one free' promotion.
7. Travel booking commissions (Nomad Trips): Commissions from flights, hotels, car rentals, and attraction tickets booked through the in-app Nomad Trips marketplace; clients receive 3% cashback in dollars.
8. Installment financing fees (Parcelamento): Fees on dollar purchases financed in installments (1x to 12x) via Brazilian credit cards; subject to prior credit analysis.
9. Wealth management advisory fees (Nomad Wealth): Fees from Nomad Wealth Management Ltda., a CVM-authorized securities adviser in Brazil providing personalized investment recommendations to clients based on risk profile, objectives, and financial situation.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels6 records

Core offering

Nomad provides a 100% digital US dollar-denominated international checking account for Brazilian non-residents of the US, issued through Community Federal Savings Bank (FDIC-insured up to US$250,000) and combined with a Visa international debit card, a BRL-denominated Nomad Explorer Visa Infinite credit card, a US brokerage investment account (SIPC-protected up to US$500,000), an international eSIM service (Nomad Chip), travel insurance (Assist Card), an AI-powered travel marketplace (Nomad Trips), and cross-border transfer services. All products are accessible through a single mobile app and Portuguese-language experience, with conversion of BRL to USD executed at the commercial dollar rate.

Product overview

Nomad is a Brazilian fintech offering a unified platform composed of a US-dollar international checking account (Conta Internacional Nomad) as the core product, with multiple integrated modules and services. The core account is supported by the Nomad Visa debit card and the BRL-denominated Nomad Explorer Visa Infinite credit card, both linked to digital wallets (Apple Pay, Google Pay, Samsung Pay, PayPal). Around this core, Nomad layers cross-border payment services (International Transfers, Husky acquisition for receiving from abroad, Melhor Câmbio for FX), an investment offering (Conta Investimento via Global DTVM and Nomad Investment Services, plus Nomad Wealth Management advisory), travel services (Nomad Trips AI-powered marketplace, Nomad Chip eSIM, Assist Card travel insurance), and the Nomad Pass loyalty program that reduces conversion fees. Physical benefits (Nomad Lounge at GRU, Nomad Coffee in São Paulo, Nomad em Orlando) and the Nomad Shop benefits marketplace round out the portfolio.

Differentiator

Problem solved

Functional benefit

Brands

• Nomad Pass: Loyalty/fidelity program offering reduced currency conversion fees and travel perks
• Nomad Lounge
• Nomad Shop
• Nomad Coffee
• Nomad Trips
• Nomad Explorer
• Nomad Chip

Products and services

• Conta Internacional Nomad (International Account) 100% digital US dollar checking account for Brazilian non-residents of the US, issued via Nomad Fintech Inc. (Orlando, FL), FDIC-insured through Community Federal Savings Bank up to US$250,000. Includes ACH/Wire transfers, conversion of BRL to USD at commercial rate, and access in more than 180 countries; no opening, maintenance, or minimum balance fees.
• Cartão de Débito Internacional Nomad Visa International Visa debit card issued by Community Federal Savings Bank under Visa U.S.A. Inc. license. Available in virtual and physical versions, accepted at more than 35 million establishments in over 180 countries, with unlimited fee-free withdrawals at MoneyPass ATMs; tokenized into Apple Pay, Google Pay, Samsung Pay, and PayPal.
• Cartão de Crédito Nomad Explorer Visa Infinite Brazilian credit card in BRL with Visa Infinite benefits. Earns up to 3 points per dollar spent (1.6/2.2/3 points based on monthly invoice). Points redeemable for USD cashback, conversion-fee discounts, or transfer to Smiles, Livelo, and Azul; unlimited Nomad Lounge access, 4 free annual Visa Airport Companion visits, concierge, and Visa Infinite travel insurance.
• Nomad Chip (international eSIM) International eSIM data service for travelers, activated via the Nomad app. Plans span 1GB to unlimited across US, North America, Latin America, Europe, Asia, Africa, Middle East, Oceania, Caribbean, and Global coverage; tiered unit pricing from US$4 (1GB/7 days) to US$230 (Unlimited/15 days); 1GB free for Nomad Pass levels 1-4.
• Conta Investimento Nomad (Investment Account) US brokerage investment account for Brazilian residents, offered in partnership with Global DTVM (Brazil) and Nomad Investment Services (US FINRA/SIPC member). Securities protected by SIPC up to US$500,000; investments available in US markets with diversification across global assets based on investor profile.
• Nomad Wealth Management Independent securities-consulting entity authorized by the CVM, providing personalized recommendations and strategic guidance based on risk profile, objectives, and financial situation. Complements the investment account offering.
• Nomad Trips Travel planning and booking service integrated with the Nomad app, offering flights, hotels, tickets, and car rentals with up to 40% savings versus other marketplaces. Provides 3% USD cashback for Nomad customers, AI-powered personalized itineraries, and 4x installment payment.
• Nomad Travel Insurance (Assist Card) Travel insurance offered via Assist Card, integrated into the Nomad app with up to 30% exclusive discount for Nomad customers, including buy-one-get-one-free for a companion, medical and hospital coverage worldwide, baggage protection, and VIP lounge access in Guarulhos, Galeão, Belém, and Recife airports.
• Transferências Internacionais (International Transfers) Free instant transfers between Nomad-to-Nomad accounts; ACH and Wire transfers to other US accounts (Wire US$10 flat fee); receive international transfers from anywhere.
• Comprar Dólar (Buy Dollar / FX service) Currency conversion service providing USD at the commercial exchange rate via PIX or TED deposits, with progressive conversion-fee discounts through the Nomad Pass loyalty program (1% at Level 5).
• Parcelamento Nomad (Dollar Installments) Installment feature allowing users to add US dollars to their Nomad account in up to 12 installments paid on a Brazilian credit card, with funds credited within 1 business day; minimum US$100.
• Viagem em Grupo (Group Travel) Group travel expense splitting feature enabling Nomad users to create groups, invite friends, divide and track trip expenses in real time, and settle in USD via instant free Nomad-to-Nomad transfers.
• Husky (Receiving from abroad) International transfers service for Brazilians working abroad, acquired by Nomad in November 2022; now powers Nomad's international payment receipt service from abroad via husky.io.
• Melhor Câmbio Virtual currency exchange marketplace for tourists acquired by Nomad in July 2024 for approximately US$550K, adding 1.7 million active users and expanding Nomad's currency exchange offering.

Quantifiable outcome

• More than 3.8 million Brazilians have chosen Nomad as their international account provider
• +7 more outcomes

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability3 records

Feature6 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Melhor CâmbiocoreStrategic or Co-development Partner · 17 July 2024Brazilian virtual currency exchange marketplace for tourists, acquired by Nomad in July 2024 for approximately US$550,000, adding the Melhor Câmbio currency exchange service and 1.7 million active users to Nomad's platform.
• HuskycoreStrategic or Co-development Partner · 7 November 2022São Paulo-based startup specializing in international transfers for Brazilians working abroad, acquired by Nomad in November 2022 (consideration partly in cash and shares) to expand Nomad's revenue and accelerate global payments and transfers for Brazilians banking in the US and transferring funds between Brazil and the US.
• OuribankcoreStrategic or Co-development PartnerOuribank S.A. Banco Múltiplo is Nomad's exclusive Brazilian banking partner for currency exchange (câmbio) operations and transfers of funds from Brazil to US deposit accounts. Nomad Tecnologia Ltda. acts as currency exchange correspondent for Ouribank under CMN Resolution 4.935/2021. Ouribank is not affiliated with, controlled by, or a subsidiary of Nomad.
• Community Federal Savings BankcoreStrategic or Co-development PartnerCommunity Federal Savings Bank is the issuing bank for the Nomad Visa Debit Card under a Visa U.S.A. Inc. license and is an FDIC member. Nomad acts as program manager for the card and is solely responsible for customer service. Balances in reais are converted to dollars by Nomad and held at the bank, where they are FDIC-insured up to US$250,000.
• VisacoreTechnology or IntegrationVisa is the card network for both the Nomad international debit card and the Nomad Explorer Visa Infinite credit card, enabling acceptance in 180+ countries and access to Visa Infinite benefits such as international medical insurance, baggage insurance, vehicle rental insurance, and flight delay insurance.
• Global DTVM (Global Investment Services Distribuidora de Títulos e Valores Mobiliários Ltda.)coreImplementation/ SI/ Consulting PartnerBrazilian securities distributor authorized by the Central Bank of Brazil and registered with the CVM. Intermediates US brokerage services provided by Nomad Investment Services to Brazilian-resident clients, in compliance with CVM Opinion 33/2005.
• Assist CardcoreStrategic or Co-development PartnerAssist Card is the travel insurance partner distributed via the Nomad app, offering up to 30% discount to Nomad clients and a 'buy one get one free' promotion; includes coverage for medical expenses (up to US$175K for Visa Infinite), baggage, vehicle rentals, and 24/7 WhatsApp support in Portuguese.
• Visa Airport CompanionminorGTM or Marketing PartnerLounge access partner for Visa Infinite cardholders: Nomad Explorer Visa Infinite clients receive 4 free annual visits across 600+ airports worldwide via Visa Airport Companion.
• Cepeda AdvogadosminorImplementation/ SI/ Consulting PartnerBrazilian law firm partnered with Nomad to expand legal and tax expertise for high-net-worth Brazilian investors investing abroad, including live sessions and workshops on investment reporting, taxation, and estate planning (events scheduled for November 18 and December 11, 2025).

Scale indicators13 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Nubank: Brazil's largest neobank with 90M+ customers across Brazil and Mexico. Comparable as a Brazilian digital banking super-app, but operates primarily in BRL rather than offering a US-dollar international account like Nomad.
• Inter & Co. Brazilian digital bank offering multi-product accounts, credit, investments, and an international account. Comparable as a Brazilian super-app competitor overlapping Nomad's travel, FX and investment use cases.
• C6 Bank: Brazilian digital bank owned by JPMorgan with multi-product accounts, credit card, and investments. Comparable in targeting Brazilian consumers with a bundled mobile-first product suite, though without the US-dollar international account focus.
• Mercado Pago: Fintech arm of Mercado Libre, offering accounts, cards, payments, and credit across Latin America. Comparable in being a Latin American super-app fintech named alongside Nomad in BeInCrypto's digital-asset neobank shortlist.
• SoFi: US-listed digital bank offering checking, credit, investments, and lending. Comparable as a multi-product fintech super-app, also named in BeInCrypto's digital-asset neobank list, though US-focused rather than Brazilian.

Direct peers

• Revolut: Global multi-currency neobank offering international accounts, debit cards, investments, eSIM, insurance, and travel in one app — the closest direct functional analog to Nomad's super-app model, though serving European/UK markets rather than Brazilian.
• Wise: Cross-border payments and multi-currency account specialist, listed on the London Stock Exchange. Comparable to Nomad on the international account, FX conversion, and low-cost Wire/ACH transfer proposition.
• Remitly: US-listed cross-border remittance fintech with strong Brazil corridor volumes. Comparable on the BRL-USD remittance and international transfer flows that Nomad's Husky acquisition targets.

Emerging players

• Bunq: European digital-asset-friendly neobank, also named in BeInCrypto's 8-firm list alongside Nomad. Comparable as a multi-currency neobank with native crypto integration, though focused on EU rather than Brazil.

Regional players

• XP Inc. Brazilian wealth management and brokerage platform offering international investment products to Brazilian clients. Comparable on the cross-border investment and advisory proposition Nomad targets with Nomad Wealth Management.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/NomadGlobalApp
• Facebookfacebook.com/NomadGlobalApp
• LinkedInlinkedin.com/company/nomadglobalapp

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds4 records

Investors15 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nomad