Exclusive: Brazil's Nubank readies U.S. stock market listing - sources

FILE PHOTO: The logo of Nubank, a Brazilian FinTech startup, is pictured at the bank's headquarters in Sao Paulo, Brazil June 19, 2018. Picture taken June 19, 2018. REUTERS/Paulo Whitaker

NEW YORK/SAO PAULO (Reuters) - Brazilian digital bank Nubank has initiated preparations for a U.S. stock market listing that could come as early as this year, according to people familiar with the matter.

It would be one of the biggest stock market debuts of a South American company in recent years. Nubank was valued at around $25 billion in a January private fundraising round, more than doubling its valuation.