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.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
