Hyperplane Acquired by Nubank

• Hyperplane, a San Francisco-based data intelligence startup, has been acquired by Brazil’s Nubank.
• Founded in 2022 by Daniel Silva, Felipe Lamounier, Rohan Ramanath, and Felipe Meneses, Hyperplane focuses on building models for banks.
• Hyperplane creates a personalization layer for banks, allowing them to train their models for risk, collections, and marketing departments.
• Nubank, the largest digital banking platform outside Asia, acquired Hyperplane to further its mission of combating complexity and providing customized financial services.
• The team will continue their work at Nubank, which has more than 100 million customers in Brazil, Mexico, and Colombia, providing extensive banking data for personalized services.

Source: TechCrunch

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