Tencent was among the returning backers in a TCV-led series F round that came after discussions with SoftBank about leading a $1bn round fell through.

Brazil-based mobile financial services provider Nubank collected $400m in series F capital on Friday from a consortium led by growth equity firm TCV that featured internet company Tencent. DST Global, Sequoia Capital, Dragoneer Investment Group, Ribbit Capital and Thrive Capital also took part in the round, which valued Nubank at more than $10bn according to…

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