Nubank lures new investors

Nubank lures new investors

Equity Corporate & Sovereign Strategy Technology Brazil

Brazilian financial technology firm and digital lender Nubank said it attracted $750 million from new investors, including $500 million from Berkshire Hathaway, the holding company led by US billionaire Warren Buffet. "This is the largest investment round ever raised by a Latin American company," Nubank said in a statement on Tuesday. The other participants in the latest fundraising round included US investment firm Sands Capital and Brazilian investors Absoluto Partners and Verde Asset Manageme

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