Business

Brazilian Nubank acquires American Cognitect, a company known for its Clojure and Datamic programming systems

According to Nubank, Cognitect gathers some of the world's leading experts in functional language

Latin American Unicorns wall street Nubank
Latin America‘s most prominent fintech Nubank is eyeing an IPO in the United States by the beginning of 2022. Photo: Shutterstock
  • Nubank says Cognitect gathers some of the world’s greatest experts in funcional language;
  • Cognitect, in its turn, says that Nubank is a spectacular success story for Clojure and Datomic.

The Brazilian fintech Nubank announced today the acquisition of the American consultancy Cognitect, known for creating two widely used programming system: Clojure and Datomic.

In its website, Nubank says the consultancy helped to revolutionize the software engineering market and it gathers some of the world’s leading experts in functional language. Cognitect, in its turn, says that Nubank is a spectacular success story for Clojure and Datomic.

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“From their start in 2013, Nubank has grown to 600 Clojure developers, running 2.5 million lines of Clojure code in 500 microservices on over 2000 Datomic servers. Cognitect has been there every step of the way, helping Nubank’s developers translate Clojure’s ideas into business agility,” Stuart Halloway, Justin Gehtland and Rich Hickey, Cognitect’s founders wrote in a company’s blog post.

They stressed that the Brazillian fintech is “understands the unique value of Clojure and Datomic, and is committed to continuing both without disruption.”

Also in a blog post, Edward Wible, co-founder, and CTO at Nubank explained how Nubank uses Clojure and Datomic at scale.

I hope that in the future, Nubank will continue to be one of many corporate case studies and patrons of Clojure and Datomic, just as we are today. The spread of useful ideas for mitigating complexity, combined with practical experience and the virtuous cycles that result make the pie bigger for everyone

Edward Wible, Co-founder and CTO, Nubank

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In this pandemic moment, the process of integrating the Cognitect team into the Brazilian fintech staff will take place remotely and everyone, for now, continues to work in the United States.

Currently, Nubank has offices in Brazil, Mexico, Argentina, and Germany, and more than 25 million customers in Latin America.

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