Warren Buffett’s Berkshire Hathaway Invests $500 Million In Brazilian Challenger Nubank
Brazilian digital bank Nubank has announced today (8) that it has received a $500 million investment from Warren Buffett’s investment fund Berkshire Hathaway.
Berkshire Hathaway’s investment is an extension of the fintech’s $400 million Series G round announced in January. Buffett’s company also has StoneCo, a Brazil-based digital payments firm, among its tech investments in the region.
By Angelica Mari via Forbes