nBanks integrates Plug & Play platform

nBanks was invited to join Plug & Play: a financial ecosystem that brings together startups, companies, and investors from all over the world. nBanks is, according to the organization, the first Portuguese fintech to join this platform that unites the best startups and the largest companies in the market.

nBanks is currently developing a partnership with the Plug & Play platform. A few days after the launch of its official site, this fintech takes another step in its development and integrates the financial ecosystem that gathers startups, companies, and investors from around the world.

nBanks thus becomes the first Portuguese startup to join Plug & Play, which allows it to share and develop the national economy with other countries and, consequently, expand its market and reach new audiences.

The primary objective of Plug & Play is to “find teams that are building the business of the future.” This characteristic led nBanks – by developing an innovative business model based on values such as transparency and impartiality – to be chosen to be part of this project that unites the best startups and the largest companies in the world, such as Deloitte, Allianz, Lacoste, Adidas, Coca-Cola, among others.

Plug & Play invests in approximately 260 companies per year, with Dropbox and PayPal being two of its largest successful investments. However, Plug & Play's biggest success occurred in 2018 with Guardant Health’s IPO, which raised 273.1 million euros and valued the company at 1.059 billion euros.

Furthermore, to promote contact between companies and investors, Plug & Play organizes events for over a thousand people, which constitutes a vehicle for a growing improvement in nBanks' market positioning.

nBanks is a rising startup that proposes an innovative business model in the financial ecosystem, where the focus is on the client's financial needs.