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22 June 2021

Berkshire Hathaway invests $500M in Brazilian digital bank

Berkshire Hathaway invests $500M in Brazilian digital bank


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Brazilian digital bank Nubank has raised $500 million from Berkshire Hathaway, a multinational holding company run by billionaire Warren Buffett.

In an announcement from Nubank on Tuesday, the digital bank said the $500 million investment would be used to continue its international expansion — the company recently launched in Colombia — as well as attract new executives from major tech companies.

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