Berkshire leads $750 million Nubank funding round, values it at $30 billion


FILE PHOTO: The logo of Nubank, a Brazilian FinTech startup, is pictured at the bank's headquarters in Sao Paulo, Brazil June 19, 2018. Picture taken June 19, 2018. REUTERS/Paulo Whitaker

(Reuters) -Warren Buffett's Berkshire Hathaway invested $500 million in Brazil's Nubank, giving the fast-growing fintech a big vote of confidence as it seeks to widen its footprint across Latin America.

Nubank, best known as a credit card issuer, also said it raised an additional $250 million from a series of other investors.

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